Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • ‘I Was To Be Executed’, Defence Minister Reveals Shocking Coup Plot Details
    • Troops Kill Boko Haram Second-In-Command, Abu Khalid In Sambisa Forest
    • ‘Denied Documents Is Denied Justice’, Diezani Says UK Trial Unfair Without Key Defence Papers
    • Police Recover 415 Live Cartridges, Arrest Suspect, Bus Passengers In Akwa Ibom
    • Labour Party To Hold Congresses, Convention In March – Governor Otti
    • NDLEA Arrests Businessman With Cocaine At Lagos Airport
    • Loyalty Lost, Strategy Pending: Why Kwankwaso’s Next Move Could Define 2027
    • Months After Coup Probe, Ex-Minister Sylva Still Missing, May Face Arraignment In Absentia
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    • HOME
    • NEWS

      ‘I Was To Be Executed’, Defence Minister Reveals Shocking Coup Plot Details

      February 1, 2026

      Troops Kill Boko Haram Second-In-Command, Abu Khalid In Sambisa Forest

      February 1, 2026

      ‘Denied Documents Is Denied Justice’, Diezani Says UK Trial Unfair Without Key Defence Papers

      February 1, 2026

      Police Recover 415 Live Cartridges, Arrest Suspect, Bus Passengers In Akwa Ibom

      February 1, 2026

      Labour Party To Hold Congresses, Convention In March – Governor Otti

      February 1, 2026
    • COLUMN

      The New Aristocracy: When Your Surname Becomes Your Credential – By Jonathan Nda-Isaiah

      January 31, 2026

      Yusuf’s Red Cap On Tinubu’s Red Carpet – By Azu Ishiekwene

      January 29, 2026

      The Real Test Of 2027 Is Whether Nigerians Will Choose Leaders Over Logos – By Boma West

      January 28, 2026

      Iran, Beware The Fangs Of January, The Scourge Of February, The Ides Of March – By Dr Hassan Gimba

      January 26, 2026

      Echoes After Taraba – By Dr Dakuku Peterside

      January 26, 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

      Children Among 31 Palestinians Killed By Israeli Forces Across Gaza

      February 1, 2026

      Iran’s President Says Trump, Netanyahu, EU Stirred Tensions During Protests

      February 1, 2026

      United Nations Staff Cuts Deepen In Gaza As Israel Restricts Critical Aid Access

      January 31, 2026

      US Department Of Justice Releases 3 Million New Epstein Documents

      January 31, 2026

      Israel Hands Over 15 Bodies Of Palestinians In Last Stage Of Captive Swap

      January 29, 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

      Atletico Step Up Ademola Lookman Pursuit As Fenerbahce Table €40m

      February 1, 2026

      Madueke Shines As Arsenal Go Seven Point Clear After 4-0 Victory Over Leeds

      February 1, 2026

      ‘I Have A Mission Now’, Anthony Joshua Breaks Silence In First Interview After Tragic Crash

      January 31, 2026

      FULL FIXTURES: Real Madrid To Play Benfica Again In Champions League Play-Offs

      January 31, 2026

      Fresh Grief Hits Super Eagles As Fulham Winger, Chukwueze Loses Mother

      January 29, 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.

    BORNO PATRIOTS

    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

    ‘I Was To Be Executed’, Defence Minister Reveals Shocking Coup Plot Details

    February 1, 2026

    Troops Kill Boko Haram Second-In-Command, Abu Khalid In Sambisa Forest

    February 1, 2026

    ‘Denied Documents Is Denied Justice’, Diezani Says UK Trial Unfair Without Key Defence Papers

    February 1, 2026

    Police Recover 415 Live Cartridges, Arrest Suspect, Bus Passengers In Akwa Ibom

    February 1, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Latest Posts

    ‘I Was To Be Executed’, Defence Minister Reveals Shocking Coup Plot Details

    February 1, 2026

    Troops Kill Boko Haram Second-In-Command, Abu Khalid In Sambisa Forest

    February 1, 2026

    ‘Denied Documents Is Denied Justice’, Diezani Says UK Trial Unfair Without Key Defence Papers

    February 1, 2026

    Police Recover 415 Live Cartridges, Arrest Suspect, Bus Passengers In Akwa Ibom

    February 1, 2026

    Labour Party To Hold Congresses, Convention In March – Governor Otti

    February 1, 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