• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, June 6, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Nigeria to find permanent solutions to fuel scarcity

Petrol

The Matters Press by The Matters Press
February 8, 2023
Reading Time: 2 mins read
0
Nigeria plans to increase petrol pump price despite spike in inflation, unemployment

The Federal Government has warned of dire consequences for any individual or groups who attempt to exploit or further cause untold hardship to ordinary Nigerians by disrupting fuel supply and distribution chain.

RELATED POSTS

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

FCT ground rent!: Check your name if you own property

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

This is coming on the heels of renewed efforts by the Nigerian National Petroleum Company Ltd. (NNPCL) to maintain the 450.92 million litres weekly evacuation of Premium Motor Spirit to different petrol stations nationwide.

The Minister of State Petroleum Resources, Chief Timipre Sylva, gave the warning on Tuesday in a statement by his Senior Adviser, Media and Communications, Horatius Egua.

Sylva, while reassuring Nigerians of government‘s determination called on security agencies to be on high alert in preventing attempts by subversive elements to cause any disruption during the period of the general elections in the country.

He appealed to Nigerians for understanding, noting that the President Muhammadu Buhari‘s government was sincere with finding permanent solutions to the fuel problems in the country.

He said the government was exploring all options in seeking an end to the fuel problem in the country.

Slyva urged stakeholders in the oil and gas sector to join hands with government in ending the problem.

During a tour of selected petrol stations, in Abuja, on Friday Sylva had expressed government’s satisfaction at the efforts of the NNPCL in ensuring fuel availability to the average Nigerian and urged them to keep up the tempo.

In the last one month, NNPCL has maintained a total weekly evacuation of 450.92 million litres of PMS, a daily average of 64.42 million litres.

Sylva, while calling for a collective support in dealing with the fuel issue said the government felt the pains of the ordinary Nigerian occasioned by the lingering fuel queues.

He said that the relevant government agencies were working round the clock to ensure fuel availability at petrol stations across the country.

“The problems associated with fuel queues in the country is not a problem that came with Buhari’s government but a fallout of long years of rot and decadence in products supply and distribution chain by successive governments.

“Buhari’s administration is addressing the problem holistically, this is the first time in so many years that a government is addressing the problems associated with fuel supply and distribution collectively,’’ he said.

And as part of the move to find lasting solution to the problem, the minister said the Federal Government recently set up a 14-Man committee to get to the bottom of the problem with a view to avoiding future occurrences.

He said the Federal Government had also embarked on refineries rehabilitations neglected over the years with Port Harcourt Refinery at about 65 per cent completion, Kaduna just awarded to Daewo of South Korea and Warri expected to follow soon.

He said the government through the NNPCL acquired a 20 per cent equity stake in the Dangote Refinery had embarked on the licensing of modular refineries.

According to him, it concluded the marginal fields bid and improvement of security along crude pipelines in the Niger Delta region in the last few months, all geared toward increasing crude oil production to meet domestic consumption.

Tags: Petrol
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Energy

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

June 4, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

FCT ground rent!: Check your name if you own property

June 3, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
President Tinubu outlines new economic, monetary, foreign policies
Economy/Technology

CUPP goofs over President Tinubu’s 2027 endorsement by governors

June 2, 2025
Next Post
New Naira notes unavailable even as CBN campaigns for acceptance

Breaking: Supreme Court stops CBN, FG from Implementing Deadline For Old banknotes

Economists Challenge IMF on call for further VAT increase in Nigeria

IMF kicks against February 10 deadlines for use of old banknotes

Recommended Stories

Vote-buying is PDP’s name

Other PDP governors missing in Port Harcourt

September 21, 2019
CODE tracks 47 projects worth $2.8m in Kaduna

Saudi Arabia’s strong financial agencies partner to boost infrastructure

May 4, 2024

Human capital critical to improved customs administration

October 12, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF
  • FCT ground rent!: Check your name if you own property
  • Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us