By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Petroleum Industry stakeholders agree to deal with lingering fuel crisis, increased pump prices

Last updated: February 1, 2023 11:04 am
4 years ago
Share
1 Min Read
fuel crisis

After marathon deliberation for close to eight hours, stakeholders in the petroleum industry have agreed to within days, deal with the lingering fuel crisis and increased fuel pump prices.

The meeting had in attendance, the leadership of the joint security services, the Nigeria Depots and Tank Farms, MOMMAN, Depot and Petroleum Marketers Association of Nigeria, DAPMAN, and the Nigerian National Petroleum Company, NNPC limited also had The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA scribe present.

Also Read: Bayelsa Flood: Diri sets up committees over hike in prices of food, petroleum products

The outcome of engagement with partners includes selling fuel at an agreed ex-depot price, which will reflect in the reduction in pump price.

The representative of the marketers also tendered an unreserved apology to Nigerians for the hardship, caused as a result of the scarcity.

Nigerians have been advised to be patient and desist from panic buying as the situation will soon disappear.

(Editor: Ifeanyi Mark)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS feed: Unknown Feed Unknown Feed

Trending

1 19
Stakeholders Solicit More Government Investment In Classic Music
Entertainment
AIT IMAGES 31
Niger Mining Deaths: Group demands independent probe, accountability
Local
AIT IMAGES 1 4
AAC Writes EFCC, Seeks Scrutiny Of Oyo State Funds Ahead 2027 Polls
Politics
ait images 3 1
FG Ready To Negotiate New Minimum Wage In 2027
Local
OSUN
“Emir Ajagungbade” Shot Dead In Protracted Motor Park Crisis In Osun State
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?