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As Fuel Queues Return, NNPC, IPMAN Caution against Panic Buying

As Fuel Queues Return, NNPC, IPMAN Caution against Panic Buying
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Anxiety as fuel scarcity hits Lagos, Abuja, others | Premium Times Nigeria


“In Agege, many of them have shut down and they claim they do not have fuel.”
Another motorist who identified himself simply as Chidi said he bought fuel for N170 in Yaba area of Lagos Sunday evening, adding that he would transfer the costs to passengers.
Abuja
In Abuja, there were queues at major fuel stations visited across the city.
On Sunday, a long queue of both motorists and motorcyclists was observed at the NNPC filling station along Airport Road, Lugbe, Abuja. While a litre of petrol was sold at N162, the fuel station attendants refused to sell to individuals with gallons. ....

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As NNPC's Kyari Navigates on Transparency


By Ikechukwu Okorafor
National Oil Companies (NOCs) in Africa stand on the brink of significant disruption as a new era of structurally lower oil prices challenges business models that have long relied largely on exploration and production of hydrocarbons, especially crude oil.
This scenario fundamentally puts Mallam Mele Kolo Kyari, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), on the spot. Especially so, as the unassuming geologist, whose tour of duty has traversed the entire value chain of the petroleum industry, approaches his second year anniversary on the saddle. He was appointed GMD by President Muhammadu Buhari, on 8th July 2019. ....

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