ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Friday, September 19, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Economy And Business

FG Orders Massive Distribution Of Petrol To Marketers

by NewsOnline Nigeria
February 11, 2023
in Economy And Business
0
Petrol

Mr Timipre Sylva

FG has ordered massive distribution of Petrol to Marketers.

 

NewsOnline reports that Mr Timipre Sylva, Minister of State for Petroleum Resources, says Federal Government has taken bold actions to stop the ongoing petrol crises across the country while assuring massive distribution of the product.

 

Sylva gave the assurance after his tour of some selected petroleum dispensing outlets in Lagos on Friday

 

ALSO: Full Names Of All Members of Buhari Presidential Transition Council

 

He said that he came on the directive of President Muhammadu Buhari, to assess the situation of things with regard to distribution and adherence to price regulation.

 

The minister said that an inter-ministerial intervention, initiated by government, has set out to ensure proper management of petrol distribution across the country.

 

He reassured that with the current steps, all hiccups leading to the current situation was been addressed.

 

According to him, the situation is pleasant because he observed availability of products in the state.

 

“Fuel is everywhere, both in Lagos and Abuja.

“I visited many stations in Ikeja and on the mainland. From every indications, there are products everywhere and I want to assure you that the queues will disappear in a matter of days”, he said.

 

NewsOnline Nigeria reports that the minister said the situation, witnessed in Lagos, had been achieved in 15 states across the country, adding that the President had ordered that queues must be cleared, immediately.

 

On arbitrary price hike by some marketers, he said that he had directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to upscale its regulatory activities and ensure marketers abide by current price regime.

 

He said that the Nigerian National Petroleum Company Ltd., (NNPCL), retail outlets were selling at N184 per liter and over 900 outlets operated by the company were selling at same price.

 

“And that is the official price everybody is expected to sell, but l admitted there are sharp practices still ongoing.

Explaining how the situation degenerated into the crises point, Sylva said that government did not see it coming.

 

According to him, sabotage plays a key role in the sector as those who do not mean well for the country take advantage of the upcoming elections, to create panic by engaging in market disruptions.

ADVERTISEMENT
Previous Post

BREAKING: Naira Gains Slightly Against Dollar

Next Post

BREAKING: Peter Obi Supporters Under Attack In Lagos [VIDEO]

Next Post
Peter Obi

BREAKING: Peter Obi Supporters Under Attack In Lagos [VIDEO]

Trending Stories

Governor Soludo

Governor Soludo Rejects Ekwunife’s Apology Amid Infidelity Controversy

FCT Minister Wike

BREAKING: FCT Minister Wike Speaks On Tinubu’s Reinstatement Of Fubara

Governor Fubara

BREAKING: Governor Fubara’s Failure To Resume Fuels Tension In Rivers State

Watch Viral Sex Video of Anambra Married Woman

Watch Viral Sex Video Of Anambra Married Woman With Husband’s Best Friend

Governor Fubara

Is Rivers State on Autopilot? Governor Fubara Missing in Action After Six-Month Suspension

Wike

Wike Dismisses Concerns Over Fubara’s Absence Amid Leadership Vaccum In Rivers

Petrol

FG Orders Massive Distribution Of Petrol To Marketers

FG

BREAKING: FG Under Fire To Publish Names Of Nigerians Who Got ₦330 Billion Cash Transfer

Anambra’s Education Ranking

Anambra’s Education Ranking Plummets to 33rd, Raising Alarms Ahead of 2025 Elections

Zenith Bank

Zenith Bank Reports N625.6bn Pre-Tax Profit in H1 2025, Declares Higher Dividend

Latest Stories

FG

BREAKING: FG Under Fire To Publish Names Of Nigerians Who Got ₦330 Billion Cash Transfer

Peter Obi

Peter Obi Steps Up Political Consultations Ahead of 2027 Presidential Race

Nigeria Customs Service

Nigeria Customs Service Announces Pre-Test for Superintendent Cadre Applicants

CBN MPC

CBN MPC Poised for Possible Rate Cut Amid Inflation Moderation, Naira Stability

Buhari Loyalists

Buhari Loyalists Dump APC, Declare Support for Atiku Ahead of 2027

Wike

Wike Admits Costly Mistake in PDP Presidential Primary, Alleges Rigging and Backroom Deals

Jonathan

Jonathan Slams Tinubu Govt, Warns Investors Flee Nigeria Over Compromised Judiciary

Kidneys

Over 650 Kidneys Illegally Harvested in Nigeria, Valued at $41 Billion on Global Black Market

Wike

Wike Accused of Seeking Total Control in Rivers State Amid Fresh Political Tensions

FAAC

FAAC Distributes Record N2.22 Trillion to Three Tiers of Government for August 2025

ADVERTISEMENT

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria