By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AnaedoOnlineAnaedoOnlineAnaedoOnline
  • Home
  • News
  • Politics
    Politics
    Show More
    Top News
    It’s Final: 12 Names on The 2025 Ballot for President, 9 for VP
    3 weeks ago
    Obinna Uzor
    How Obinna Uzoh Outsmarted Ubah In Anambra
    5 years ago
    Arrest oshiomhole for treason
    Just In: Court Suspends Oshiomhole As APC Chairman
    5 years ago
    Latest News
    UPDATE: Leave PDP Now – Bala Mohammed Warns APC Minister, Wike
    3 weeks ago
    Lagos 2027: Balami Blasts Joe Igbokwe Over Position On Seyi Tinubu Governorship Ambition
    4 weeks ago
    UPDATE: Why I Won’t Join Issue With Wike – PDP BOT Chairman, Wabara
    4 weeks ago
    AGF to meet with National Assembly to address Tax Reform Bills.
    2 months ago
  • Business
  • Technology
    TechnologyShow More
    Buying a Car Will Soon be Like Buying a Phone, Why Your Next Car Could be an EV
    6
    Hands-On With the iPhone 13, Pro, Max, and Mini
    3 years ago
    Explained: What are Smart Glasses and How Do It Work?
    3 years ago
    Explained: What are Smart Glasses and How Do It Work?
    3 years ago
    name of the dead politicians steal presidential candidate bauchi state mohammed abubakar
    Apple VS Samsung– Can a Good Smartwatch Save Your Life?
    3 years ago
  • METRO
  • Entertainment
    EntertainmentShow More
    2face Idibia Finally Deletes Divorce-Related Posts, Video On His Instagram
    2face Idibia Finally Deletes Divorce-Related Posts, Video On His Instagram
    3 weeks ago
    BBNaija Khloe Reacts Ocver 2Face and Annie's Divorce Saga
    BBNaija Khloe Reacts Ocver 2Face and Annie’s Divorce Saga
    3 weeks ago
    Actress Mary Njoku Reacts Over 2Face, Annie Divorce Saga
    Actress Mary Njoku Reacts Over 2Face, Annie Divorce Saga
    3 weeks ago
    Days After Release From Prison, Speed Darlington Narrowly Escapes Assassination (VIDEO)
    Days After Release From Prison, Speed Darlington Narrowly Escapes Assassination (VIDEO)
    3 weeks ago
    UPDATE: I Am Done – Chidimma Adetshina Quits Pageantry
    UPDATE: I Am Done – Chidimma Adetshina Quits Pageantry
    3 months ago
  • Sports
Reading: Reps Advise NNPC To End Petrol Shortage Within A Week
Share
Notification Show More
Font ResizerAa
AnaedoOnlineAnaedoOnline
Font ResizerAa
  • Home
  • News
  • Politics
  • Business
  • Technology
  • METRO
  • Entertainment
  • Sports
  • Home
  • News
  • Politics
  • Business
  • Technology
  • METRO
  • Entertainment
  • Sports
Have an existing account? Sign In
Follow US
  • Advertise
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Featured PostsNews

Reps Advise NNPC To End Petrol Shortage Within A Week

Echezona obinna
Last updated: December 13, 2022 4:37 pm
Echezona obinna
2 years ago
Share
SHARE

The House of Representatives has called on the Nigerian National Petroleum Company Limited to ensure adequate supply of Premium Motor Spirit popularly called petrol within seven days.

At the plenary on Tuesday, the House particularly asked NNPCL to “end this artificial scarcity within the next one week in order to ease the suffering of Nigerians,” while calling on the Nigerian Midstream Downstream Petroleum Regulatory Commission to “seek collaboration of the Nigeria Police Force and the DSS to ensure that fuel is sold at the regulated price and in all retail outlets.”

The House further mandated its Committees on Petroleum Resources (Downstream) and Legislative Compliance to ensure compliance with the resolution.

The resolution was based on a motion of urgent public importance moved by a member of the House, Musa Abdullahi, titled ‘Urgent Need for the Government to End the Current Fuel Scarcity.’
Moving the motion, Abdullahi noted that in the last few months, Nigerians have been subjected to untold hardships caused by the lingering petrol scarcity, affecting economic activities and making the already trying times in the country more difficult.

He said, “The House is concerned that intelligence reports on current fuel scarcity gathered by our securities agencies indicated that there is a deliberate plan by some oil marketers to derail the effort of the government in the distribution of fuel in the country by hoarding the petroleum products and, thereby, creating artificial scarcity all over the country.

“The House is further concerned that while the fuel scarcity is heating petroleum stations of some major marketers that are currently selling fuel on government regulated price, some independent marketers who operate in the market have enough petroleum products selling at unregulated prices.

“The House is worried that most of those fuelling stations have resulted in selling fuel at over N300 per litre. It is observed with dismay that those who are gaining from this artificial fuel scarcity appear to be smiling home as a result of this ugly development and this has the potency to provoke innocent Nigerians against the Government.
“The House is further worried that generally, there is a hue and cry over this ugly development and, unfortunately, those that are charged with the responsibility of taking control of this situation are not doing enough to combat the ugly development. This appears to be a dangerous signal that the government must tackle without further delay to restore normalcy.

Sustained Fuel Scarcity Enough Reason For APC To Lose – Giwa

“The House is disturbed that lingering fuel scarcity has compounded the woes of millions of Nigerians struggling to survive, as prices of items continue to make a rapid surge. It has added a high cost of living to Nigerians which surged to a 17-year high of 21.09 per cent in October this year.

“The House is further disturbed that the inability of the regulators of the petroleum sector to end this artificial scarcity of petroleum products forced the Department of State Services to issue an ultimatum to the NNPC, and oil marketers to end the artificial scarcity within 48 hours.”

The lawmaker also noted that the NMDPRA advanced excuses to justify the fuel scarcity.

He recalled that first, when the scarcity reared its ugly head at the peak of the rainy season in October this year, NMDPRA said ‘the fuel scarcity in Abuja and other northern states was caused by rainfall which submerged the greater part of Lokoja, including the highway leading to Abuja, a development that grounded all vehicular movements along that route.’

He also recalled that soon after floods/rains receded in Lokoja and the petrol scarcity continued, President of the Independent Petroleum Marketers Association of Nigeria said the situation had continued to persist due to supply gap created by the blockade in Lokoja. The IPMAN affirmed that there was enough product in the depots and that the lingering scarcity was only caused by the break in supply of the product, the lawmaker said.
Abdullahi further recalled that when the scarcity continued, and all the excuses advanced by the stakeholders watered down, the National Operations Controller of IPMAN advanced another reason and argued that the scarcity was due to unsteady supply of the products.

 

Follow us on Facebook

Post Disclaimer

The opinions, beliefs and viewpoints expressed by the author and forum participants on this website do not necessarily reflect the opinions, beliefs and viewpoints of Anaedo Online or official policies of the Anaedo Online.

You Might Also Like

LATEST: Ex-Gov Odili’s Seized Passport Released By Immigration

SEXCAPADE: United Nations Suspend Two Officials In Viral Car-Sex Video

Nike’s Third-Quarter Revenue Decreases

JUST IN: US Imposes Ban On Election Riggers In Kogi, And Others

AZUBOGU ENDS CAMPAIGN WITH TOWN HALL MEETING, PRAYERS FOR PEACEFUL ELECTION

TAGGED:NNPCPetrol Shortage
Share This Article
Facebook Email Print
Previous Article Tems Shortlisted For A Golden Globe Award
Next Article CBN Takes Naira Redesign Campaign To Onitsha Market Cash Withdrawal Limit: Igbo Youths Reject CBN’s Policy, Reveals Why
about us

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?