Internationally renowned Afrobeat female artist Tiwa Savage has joined many other Nigerians to air their frustration and anger about the current fuel scarcity and hike in price that hit the country days after the presidential inauguration. LEGIT NEWS reports.Information Guide Nigeria Tiwa, who recently returned to the country from Brazil, revealed that within an hour … Read more
Naira scarcity, fuel scarcity, naira redesign policy and inflation of food commodities have been identified as key drivers that are pushing over 24 million Nigerians into hunger.Information Guide Nigeria The naira redesign policy has constituted a bottleneck to households’ ability to access cash as well as food commodities, the prolonged scarcity of petrol. The hike … Read more
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has attributed fuel scarcity in the country to a disruption in the product distribution chain caused by activities of cross-border smugglers.Information Guide Nigeria According to PREMIUM TIMES, this was disclosed in a statement on Friday, NMDPRA said, “the current distribution hitch is heightened by activities of … Read more
The Atiku/Okowa Campaign Organization has mocked the Presidential Candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu.Information Guide Nigeria The Campaign Organization berated for trying to blackmail President Muhammadu Buhari and blame the All Progressives Congress (APC)-led Federal Government over his looming devastating rejection by Nigerians. According to NEWSDAIRY, the Campaign Organization said … Read more
The Independent Petroleum Marketers Association of Nigeria has stated that there is confusion in the oil sector in Nigeria as a result of the prolonged fuel shortage that has been severely impacting the nation for months. Friday, Zahra Mustapha, the Deputy National President of IPMAN, stated this during an interview with Channels TV’s Sunrise Daily.Information … Read more
Ways to Stop Fuel Scarcity in Nigeria Permanently – Almost at the end of every year, Nigerians suffer from fuel scarcity. For some reason, the Federal Government has failed to solve the problem. This article suggests ten ways that Nigeria can use to stop fuel scarcity permanently.Information Guide Nigeria The ten ways include: Revamp Nigerian refineries … Read more
Following the start of the Independent Petroleum Marketers Association of Nigeria’s Suleja Depot Branch’s three-day warning strike, Abuja, Kaduna, Nasarawa, Kogi, Niger, and neighbouring states may see another round of petrol shortages. The union’s members started their strike on Monday in protest of the federal government’s ongoing bridging claim obligations to oil marketers for the … Read more
Big trouble for Nigeria as oil price hits highest since 2011 Nigeria’s economy is in big trouble as oil prices continue to rise, and it is now trading at above $111 the highest level since 2011.Information Guide Nigeria According to RIPPLES NIGERIA, it looks impossible for the Nigerian government to sustain the N165 pump price … Read more
Fuel Subsidy Removal And The Nigerian Economy; Advantages And Disadvantages. Monday 2nd, January 2012 Nigerians took to the streets to protest a fuel subsidy removal by the then Federal Government led by President Goodluck Jonathan. This was a ₦32 increase on the ₦65 pump price to ₦97; this conflict was resolved with the PMS pump … Read more
Fuel scarcity is now a phenomenon in Nigeria. This fuel scarcity is a disturbing menace to the economy of Nigeria. It is odd that Nigeria which exports fuel is undergoing fuel scarcity within its borders. There is a great need to change the way the oil and gas sector is being run in Nigeria. Fuel … Read more