• Contact Us
  • About Us
Sunday, September 20, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Senate gives NNPC 7 days to end fuel crisis

metro by metro
January 25, 2018
in Economy
0
0
SHARES
0
VIEWS

The Senate on Thursday urged the Nigerian National Petroleum Corporation (NNPC) to, within seven days end lingering scarcity of petrol and clear queues in filling stations across the country.
This followed a unanimous adoption of report of the Committee on Petroleum Resources (Downstream) on the fuel crisis in the country, at plenary.
In the report presented by its Chairman, Sen. Kabiru Marafa, the committee recommended that NNPC should be given seven days ultimatum to end long queues in fuel stations in the country.
The committee stressed the need for security agencies to ensure effective border patrol to check diversion of petroleum products to neighbouring countries.
It also recommended that the Department for Petroleum Resources (DPR) should double efforts to enforce compliance with government’s regulated pump price of petroleum products.
“During our recess, the committee moved around some cities, including Abuja and Lagos, to ascertain the situation on ground.
“When we thought that we were making progress, we just realised that the queues were resurfacing in fuel stations.
“We also engaged with the NNPC and other stakeholders and we were informed that there were challenges of supply coupled with massive smuggling of petroleum products to neighbouring countries for higher prices.
“Also, there is the problem of marketers selling above approved pump price,’’ the report stated.
In his remarks, President of the Senate, Dr Bukola Saraki, urged NNPC to ensure compliance with the resolution and endeavour to end the queues within seven days.

Read Also

FG Moves To Correct Implementation Ambiguities, Consequences Of VAT, Others Ahead Of 2027 Finance Bill

US Senate Fails To Advance Sweeping Cryptocurrency Bill In Blow For Industry

Double-whammy: Good News On Inflation, Bad News On Petrol

Tags: Fuel crisisNNPC
Previous Post

Oil prices getting higher, hit $80

Next Post

UK pledges support to Nigerian women in politics

Related Posts

FG Moves To Correct Implementation Ambiguities, Consequences Of VAT, Others Ahead Of 2027 Finance Bill
Economy

FG Moves To Correct Implementation Ambiguities, Consequences Of VAT, Others Ahead Of 2027 Finance Bill

September 18, 2026
Nigerians Overstaying Visa Risk Serious Sanctions, US Warns, Says “No Honest Mistakes”
Economy

US Senate Fails To Advance Sweeping Cryptocurrency Bill In Blow For Industry

September 16, 2026
Petrol Import Rose By 105% To N15.42trn In 2024, Amid Looming Hike In Product Price
Economy

Double-whammy: Good News On Inflation, Bad News On Petrol

September 15, 2026
CBN
Economy

Inflation Ease Raises Hope For CBN’s Policy Shift For Cheaper Loans Ahead

September 15, 2026
Next Post

UK pledges support to Nigerian women in politics

FG Intensifies Moves To Avert Looming Inflation Protests Amid Hide & Seek Game In Week Of Decision

Tinubu Confirms Will Miss UNGA Session In US For Third Time Since Taking Office

September 20, 2026
Atiku Files Fresh Suit Seeking Access To Tinubu’s Records From Chicago University

“No Nigerian Should Lose Right To Life In Custody” — Atiku On Niger Deaths

September 18, 2026
NDC Fixes Presidential Form At N60m Ahead Of 2027 Elections

Appeal Court Upholds Registration of NDC

September 18, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

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
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version