Nigerians brace for hard times as fuel scarcity looms

Hamilton Nwosa
Writer

Ad

ISWAP insists it killed Brigadier General in Borno ambush, contradicting Army’s account

By Obinna Uballa Islamic State West Africa Province (ISWAP) has claimed it killed Brigadier General M. Uba during Friday’s deadly ambush on a military convoy in Borno State, a claim that directly contradicts the Nigerian Army’s denial. The New Diplomat had reported that attack occurred along Damboa–Wajiroko Road as troops and Civilian Joint Task Force…

Atiku Slams Kebbi School Attack, Demands Urgent Security Overhaul

By Abiola Olawale ​Former Vice President Atiku Abubakar has strongly condemned the tragic attack on the Government Girls Comprehensive Senior Secondary School, Maga, in Kebbi State, describing the incident as a grim new reminder of Nigeria's worsening national insecurity crisis. ​The attack, which reportedly claimed the life of the school's Vice-Principal and resulted in the…

Nigeria records sharp inflation drop to 16%, extending seven-month decline – NBS

By Obinna Uballa Nigeria’s inflation rate has continued its downward trajectory, falling to 16.05 percent in October 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Monday. The figure marks the seventh consecutive monthly decline and represents a significant easing of price pressures compared to…

Ad

Nigerians may be in for another stretch of hard times as truck owners would suspend transportation of petroleum products across the country, beginning from today.

The truck owners had last week, issued a seven-day ultimatum within which to withdraw their services over alleged unpaid bridging claims and reduction of freight rate paid to its members by the Petroleum Equalisation Fund, PEF.

At a joint press briefing addressed by the leaderships of the National Association of Road Transport Owners, NARTO, and the Petroleum Tanker Drivers, PTD, branch of the National Union of Petroleum and Natural Gas Workers, NUPENG, the groups threatened to withdraw their services at the expiration of the seven-day.

National President of NARTO, Alhaji Kassim Ibrahim Bataiya, who was assisted by PTD’s Comrade Salimon Olatidi at the media briefing, demanded that the management board of the PEF must immediately commence the full payment of transporters’ claims.

The truck owners warned that they will suspend their services of movement of petroleum products from one destination to the other throughout the country, should the management of the Petroleum Equalisation Fund, PEF, continue to default in payments of transporters’ claims.

Alhaji Bataiya asked the management board of PEF to immediately commence the full payment of transporters’ claims as well as the accumulated outstanding claims in respect of the period January 1, 2011 to May 11, 2016 at the rate applicable from 2011 to December 31, 2015.

He further asked the PEF management board to immediately conclude the review of the freight rate from May 12, 2016 to date, in accordance with the bridging fund approved by the government.

Ad

X whatsapp