fuel scarcity Archives -

Nationwide Fuel Scarcity Looms As Tanker Drivers Threaten Strike

Alex Ogbonnaya2 years ago2 years ago03 mins

Nigeria may witness another round of fuel scarcity as the Nigerian Association of Road Transport Owners, on Thursday, says its drivers will stop lifting petroleum products beginning from next week Monday due to the high cost of operations. NARTO members have repeatedly raised concern over the high cost of diesel required to power their trucks…

Fuel Scarcity Imminent As Dollar Shortage Halts Importation

Ekweanaedonews2 years ago2 years ago04 mins

Oil marketers are increasingly worried they can’t import petrol due to the dollar shortage in the country. Despite the deregulation of the downstream sector, concerns have been raised about the potential comeback of the country’s persistent fuel scarcity. No fewer 86 oil trading companies may have dumped their various permits to import Premium Motor Spirit(PMS),…