Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Lateef Gets US, Hamza Gets Iran, Nkechi Gets Israel As Tinubu Posts New Ambassadors
    • New Terror Group Claims Responsibility For Ngoshe Massacre, Threatens Maiduguri, Abuja
    • Gunmen Attack Amaechi’s Convoy In Rivers, Burns ADC Office
    • Court Grants ₦200m Bail Each To Malami, Wife, Son
    • INEC Rejects Labour Party Move To Dissolve State, LG, Ward Executives Nationwide
    • Abducted Ex-Deputy Governor’s Father Killed In Ebonyi
    • APC Jigawa Integrity Group Slams Fake Defection Report Against Badaru
    • ‘No Foreign Military Base In Nigeria’, Presidency, DHQ Clarify Security Partnership With US
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    • HOME
    • NEWS

      Lateef Gets US, Hamza Gets Iran, Nkechi Gets Israel As Tinubu Posts New Ambassadors

      March 6, 2026

      New Terror Group Claims Responsibility For Ngoshe Massacre, Threatens Maiduguri, Abuja

      March 6, 2026

      Gunmen Attack Amaechi’s Convoy In Rivers, Burns ADC Office

      March 6, 2026

      Court Grants ₦200m Bail Each To Malami, Wife, Son

      March 6, 2026

      INEC Rejects Labour Party Move To Dissolve State, LG, Ward Executives Nationwide

      March 6, 2026
    • COLUMN

      Africa And The Deadly Dust From Iran – By Azu Ishiekwene

      March 6, 2026

      Ransom Payment To Terrorists: The lies, Deception And Politics – By Zainab Suleiman Okino

      March 5, 2026

      How FRSC Failures Worsen Road Tragedies – By Boma West

      March 4, 2026

      Economic Cost Of Indulging Non-Performing, ‘Sit-Tight’ Politicians – By Yemi Kolapo

      March 3, 2026

      Osun State’s Staff Payroll Debacle – By Kazeem Akintunde

      March 2, 2026
    • EDUCATION

      FG Names Prof. Adamu Acting Vice-Chancellor To Steer UniAbuja For Three Months

      August 9, 2025

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024
    • INTERNATIONAL

      Iran Targets Israeli Embassy In Bahrain, Saudi Arabia Intercepts Missile

      March 6, 2026

      ‘I Have To Be Involved,’ Trump Demands Role In Choosing Next Iran Leader

      March 6, 2026

      Iran Supreme Leader’s Son Mojtaba Khamenei Tipped To Succeed Father As Israel Threatens Elimination

      March 5, 2026

      Iran Postpones Khamenei’s Burial As Israel Threatens To Kill Successor

      March 5, 2026

      Russia Accuses Ukraine Of Drone Attack As Gas Tanker Sinks In Mediterranean

      March 5, 2026
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024

      Finally, Wike Opens Up On Rift With Peter Odili

      April 2, 2024

      El-Rufa’i’s Debt Burden: APC Suspends Women Leader For Criticising Kaduna Gov

      March 31, 2024
    • SPORTS

      ‘I Came To Bring Joy’, Okocha Reflects On Magical PSG Years, Mentoring Ronaldinho

      March 6, 2026

      CAF Postpones 2026 Women’s AFCON, Cites ‘Unforseen Circumstances’

      March 6, 2026

      Kompany Wants Super Eagles’ Forward Osimhen To Replace Kane At Munich

      March 5, 2026

      I Don’t Care If Iran Plays At 2026 World Cup In US – Trump

      March 5, 2026

      Heartbreak For Super Eagles As FIFA Confirms DR Congo Spot In 2026 World Cup

      March 4, 2026
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    Home - FG Threatens To Withdraw Fuel Marketers’ Licences Over Hoarding

    FG Threatens To Withdraw Fuel Marketers’ Licences Over Hoarding

    By Hamza RufaiAugust 17, 2024
    Fuel Queues 2
    Fuel Queues in Abuja.

    THE queues for Premium Motor Spirit, popularly called petrol, continued on Friday in Abuja, Niger, Nasarawa, Kaduna, and many other states as the Federal Government threatened to withdraw the operating licences of oil marketers involved in PMS hoarding.

    RAMADAN KAREEM

    On Friday, long queues of vehicles were observed at various fuel stations across the Federal Capital Territory, with many stations closed due to a lack of supply.

    In the Kado axis of Abuja Municipal Area Council, some fuel stations, including AA Rano, were selling petrol at N849/litre, while others remained shut.

    Silk

    The petrol scarcity led to frustration among motorists who spent several hours in queues to get the product.

    A taxi driver at an NNPC station, who gave his name as Matthew, expressed his concerns, saying, “I’ve been experiencing a lot of challenges due to the scarcity. It’s been a real headache. When you finally get the money, you’re supposed to spend it with happiness and joy, but instead, you’re spending it with sadness.

    “As a taxi driver, I’m struggling to make ends meet. I have to work one day just to get fuel and another day to do my actual job. It’s a constant struggle. We’re facing challenges just to survive, and it’s not giving us any joy. We’re struggling in our own country, and it’s frustrating.

    “I implore the government to look into this issue and find a solution. We need a better way forward to bring joy and prosperity back to our lives.”

    Speaking during an inspection tour in Abuja, the Executive Director of Distribution Systems, Storage and Retailing Infrastructure, NMDPRA, Ogbugo Ukoha, warned filling stations to desist from compounding the fuel supply crisis in Nigeria.

    In a video clip shared by the regulator during an inspection at one of TotalEnergies filling stations, Ukoha told the managers of the outlet that “you need to take this (warning) very seriously. If you need security reinforcements, speak to your management.”

    Nigerian TAX Reform - Federal Goverment

    He said retail petrol stations should stop encouraging the sale of products to black marketers who dispense the products in jerrycans.

    This, according to Ukoha, posed serious safety concerns and should be discontinued.

    Also on its X handle, the downstream regulator said it had declared war against the illegal sale of petroleum products.

    National Orientation Agency Page UP
    National Orientation Agency - Down

    “NMDPRA embarks on a war against the illegal sale of petroleum products, especially PMS in jerrycans. Filling stations are advised to desist from servicing illegal peddlers; failure to do so would result in the suspension of retail licences,” the agency stated.

    Meanwhile, it was gathered on Friday that NNPC was still struggling to import enough petrol into Nigeria.

    It was also learned that this development prompted depot owners to sell petrol to marketers at higher prices. The marketers are eager to buy the product at any price, knowing that Nigerians in desperate need of fuel will still patronise them.

    On July 27, NNPC spokesperson, Olufemi Soneye, said the fuel scarcity witnessed in Abuja and Lagos was due to a hitch in the discharge operations of a couple of vessels.

    “The NNPC Ltd wishes to state that the tightness in fuel supply and distribution witnessed in some parts of Lagos and the FCT is a result of a hitch in the discharge operations of a couple of vessels,” Soneye had explained.

    FG Fuel Marketers Hoarding
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    Lateef Gets US, Hamza Gets Iran, Nkechi Gets Israel As Tinubu Posts New Ambassadors

    March 6, 2026

    New Terror Group Claims Responsibility For Ngoshe Massacre, Threatens Maiduguri, Abuja

    March 6, 2026

    Gunmen Attack Amaechi’s Convoy In Rivers, Burns ADC Office

    March 6, 2026

    Court Grants ₦200m Bail Each To Malami, Wife, Son

    March 6, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    Lateef Gets US, Hamza Gets Iran, Nkechi Gets Israel As Tinubu Posts New Ambassadors

    March 6, 2026

    New Terror Group Claims Responsibility For Ngoshe Massacre, Threatens Maiduguri, Abuja

    March 6, 2026

    Gunmen Attack Amaechi’s Convoy In Rivers, Burns ADC Office

    March 6, 2026

    Court Grants ₦200m Bail Each To Malami, Wife, Son

    March 6, 2026

    INEC Rejects Labour Party Move To Dissolve State, LG, Ward Executives Nationwide

    March 6, 2026
    Advertisement
    News Point NG
    © 2026 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp