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Scarcity

Naira redesign: Scarcity of new notes bites harder in FCT, neighbouring towns

FCT

…As residents, businessmen groan, ask FG to reverse policy BY DOOSUUR IWAMBE Residents in the Federal Capital Territory (FCT), and its neighbouring states have been hit by scarcity of cash, both old and the new notes. The scarcity of the new Naira notes has frustrated many bank customers that had hopes of getting currencies cashed […]

Ex-Minister bemoans nationwide fuel scarcity, says it’s a pathetic situation

scarcity

Former Minister of Interior, Comrade Patrick Abba Moro, has expressed worry over the lingering fuel scarcity across the country, which he said, has brought about increased hardship for the citizens who had been struggling to survive the prevalent harsh economic conditions in the country. Describing the fuel situation as “pathetic and tragic”, Moro, a chieftain […]

Group urges Buhari to sack Baru

Baru

…Says Nigerians have lost confidence in him Piqued by the worsening scarcity of petrol across the country, a concerned group has demanded the sacking of the Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC), Dr. Maikanti Baru. The group, a civil rights organisation, Stand Up for Nigeria Coalition (SUN-CO), on Monday said it […]

Buhari orders end to Fuel hoarding, price hike

price

President Muhammadu Buhari on Sunday broke his silence on the lingering fuel scarcity in the country, saying he had directed regulators to end hoarding and price hike. He said he had also been assured by the Nigerian National Petroleum Corporation that the situation will improve significantly in the next few days. Buhari disclosed this in […]

Fuel Scarcity: NNPC to flood market with petroleum products

NNPC

The Nigerian National Petroleum Corporation (NNPC) says it is intensifying efforts to flood the market with petrol and other products to ease scarcity pervading the country. Many motorists and travellers had been groaning in pains in the last few days over the persistent fuel scarcity across the country. The NNPC spokesman, Mr Ndu Ughamadu, said […]