Fuel Scarcity In Nigeria News Today
The federal government has disclosed that the rise in the price of crude oil price climbs above $60 per barrel will lead to a price increase petrol pump price.
Timipre Sylva, minister of state for petroleum resources, has said the federal government will soon commence the exploration of crude oil in the northeast.
In order to address the problem of the rise in petrol price, the FG is proposing the adoption of autogas. Legit.ng explains what you should know about the fuel.
The current price of petrol in Nigeria is expected to increase. The price hike was prompted by the new adjust made to the ex-depot price of fuel by the PPMC.
Petroleum Tanker Drivers ordered their members to immediately stop movement of petroleum products from Lagos to northern part of Nigeria till further notice.
The FG has explained why it stopped paying fuel subsidy, a development that has led to an increase in fuel prices as it is now determined by the market forces.