Akin Akinrinade News Today

Accelerating inflation and the foreign exchange shortage in the country have been having adverse impacts on the businesses of oil marketers, OPEOLUWANI AKINTAYO writes

Long queues have started surfacing in parts of the country, checks by Daily Trust have shown. From Lagos, Kano and Abuja, findings by Daily Trust indicated that most filling stations are not dispensing while the few dispensing are experiencing long queues. In Kano State, commuters have started groaning as commercial transport fares have increased due…

Oil marketers, on Monday, said the cost of Automotive Gas Oil, popularly called diesel, was still over N1,000/litre despite the announcement of the Federal Government that it had removed Value Added Tax on the commodity.

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, OPEOLUWANI AKINTAYO writes

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, according to THE PUNCH. Expectations were high when oil marketers canvassed for the removal of fuel subsidies,

The Federal Government may spend about N1.68tn as subsidy on Premium Motor Spirit, popularly called petrol, from September to December this

Akinrinade, who spoke to our correspondent on phone said, his members with existing tickets, before the shutdown of major products conveying arteries at Atlas

Petroleum marketers have revealed there may be serious issues with the supply of Premium Motor Spirit, PMS few months after the removal of petroleum subsidy. | Pulse Nigeria

It was gathered on Thursday that the situation may linger till month end because the System 2B pipeline in front of Good Luck Estate at Idimu, Alimosho Local Council Development Area of Lagos, is going to be ready for use by September ending.

Petrol queues lingered across Lagos and Ogun states on Wednesday, just as oil marketers predicted tougher days ahead in terms of product av