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Nigeria:
Govt Grants Marketers Special FX to Resume Fuel Import
Daily Trust, 4 January 2018
The Federal Government has agreed to grant oil marketers further concession to access Foreign Exchange (FOREX) at a rate below the official N305 per dollar to enable them resume… Read more »
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Nigeria:
Presidency Didn't Make Loan Request for Oil Marketers - Senate
Daily Trust, 4 January 2018
The Senate yesterday faulted the claim by the Presidency that the perennial fuel scarcity in the country was due to the delay in the approval of loan request before the National… Read more »
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Nigeria:
Fuel Price - Oil Marketers Backpedal, Begs Govt for Tax Holidays
Vanguard, 3 January 2018
Oil marketers, Wednesday, jettisoned their clamour for an increase in the price of Premium Motor Spirit, also known as petrol, and instead appealed to the Federal Government to… Read more »
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Nigeria:
'Why Fuel Scarcity Persists in States'
Daily Trust, 4 January 2018
Two committees of the National Assembly said yesterday that fuel scarcity still persists in some states due to poor supply and hoarding. Read more »
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Nigeria:
Senate Berates Buhari's Chief of Staff
Premium Times, 4 January 2018
The Senate has berated the Chief of Staff to the President, Abba Kyari, over his alleged comment on the ongoing fuel crisis. Read more »
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Nigeria:
Senate Flays Presidency, Fuel Marketers Seek Tax Holiday
Guardian, 4 January 2018
The Senate yesterday condemned reports attributed to President Muhammadu Buhari's Chief of Staff, Abba Kyari, suggesting that the failure to pay subsidy debts owed oil marketers… Read more »
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Nigeria:
Fuel Scarcity - the Rich Also Cry
Vanguard, 4 January 2018
Nigerians must count themselves lucky. The past year was one in which many ugly things were to happen in the land but God saw us through them all. For a good part of the year, our… Read more »
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Nigeria:
Way Out of Fuel Crisis - Payment of N800b Subsidy Arrears On the Cards
Vanguard, 4 January 2018
THE Federal Government is considering payment of N800 billion fuel subsidy arrears to oil marketers, provision of tax holidays and other incentives as part of measures targeted at… Read more »