fuel price skyrockets

Fuel Marketers Threaten Nationwide Shutdown Over Planned Petrol Price Controls

Major petroleum marketers in Nigeria have warned they could shut down filling stations nationwide if the Federal Government moves ahead with plans to enforce stricter controls on petrol pump prices in the country’s deregulated downstream sector. The warning comes amid growing tensions between regulators and marketers over fuel pricing following the recent decline in global…

Read Full News
fuel price hike nigeria

IPMAN Urges Calm Over Fuel Supply as FCCPC Moves Against Stations Ignoring Price Cuts

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to motorists not to engage in panic buying despite warning that localized fuel queues could emerge in parts of Lagos and Abuja this week due to temporary logistics challenges affecting private fuel depots. According to the association, the supply disruption is not linked to a…

Read Full News