Thursday, August 7, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Featured

Tinubu Calls On NNPCL, Industry Stakeholders To Take Action On Fuel Availability, Pricing

Racheal Oloyede by Racheal Oloyede
September 5, 2024
in Featured, News
1
Tinubu Calls On NNPCL, Industry Stakeholders To Take Action On Fuel Availability, Pricing
0
SHARES
23
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

 

President Bola Tinubu has mandated the Vice President, Kashim Shettima to convene a high-level meeting aimed at addressing the challenges in the oil and gas industry, especially the prevailing issues of pricing and scarcity.

Related posts

Nigeria Slips To Fourth Place In Africa’s Largest Economies Rank

Presidency Faults Newspaper Editorial On Hunger, Economy

August 7, 2025
Tragedy Strikes As Inferno Claims Custom Officer, Wife, Four Children Lives

Osun Chief Arrested For Forcing Suspect To Drink Poison

August 7, 2025

To this end, Shettima met with the Minister of State for Petroleum Resources, Oil, Mr Heineken Lokpobiri, Group Managing Director of the Nigerian National Petroleum Company Limited, NNPCL, Mele Kyari, and the Executive Director, under the Nigerian Mainstream, Downstream and Petroleum Regulatory Authority, Ugbogu Ukoha at the Presidential Villa on Thursday.

Reacting to questions posed to him, Lokpobiri said President Tinubu is equally worried about the developments in the energy sector, saying he is empathetic to the difficulties Nigerians are currently experiencing.

According to Lokpobiri the President has emphasized the need for immediate reflection and action to ensure stability in fuel supply and pricing.

He said the Vice President, in line with the President’s directive, is spearheading efforts to ensure that petroleum products are accessible across the country.

“This intervention is expected to address the uneven distribution of fuel, with some areas facing shortages while others experience higher prices,” he told State House reporters on Thursday .

He assured Nigerians that measures are being put in place to increase the availability of petroleum products nationwide by the end of the week.

He equally noted that while prices may vary in different regions, the government’s goal is to ensure that fuel becomes more accessible, which will ultimately help stabilize prices.

Lokpobiri, however, clarified that the federal government has no hand in setting fuel prices, as the sector remains regulated.

He said, with increased product availability, it is expected that market forces will naturally bring prices to a more stable level.

“The administration remains committed to addressing the challenges and ensuring that the supply chain can meet the demands of all Nigerians in the coming days,” the Minister stated.

Tinubu is currently on an official trip to China where he is attending the FOCAC summit.

Recall that Nigerians woke up to fuel pump price adjustments on Tuesday, shoring the price per litre from N617 to N897.

 

 

 

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

Court To Deliberate On Emefiele’s Forfeited Assets On September 12

Next Post

Dangote Refinery May Determine Fuel Prices In Nigeria – FG

Next Post
No Country Will Beat Us In Quality Petrol, Dangote Assures

Dangote Refinery May Determine Fuel Prices In Nigeria - FG

Comments 1

  1. krgv channel news says:
    11 months ago

    Your passion for this topic is contagious! After reading your blog post, I can’t wait to learn more.

RECOMMENDED NEWS

Iran Denies Trump Assassination Plot Claim

Colombia To Accept Deported Citizens After Trump Threats

6 months ago
Aiyedatiwa Disbands Ondo Football Agency Board

Aiyedatiwa Disbands Ondo Football Agency Board

4 months ago
FG Announces CREDICORP Disbursement To Teachers, Doctors As First Beneficiaries

CREDICORP: I Got My Loan Without No Influence, Beneficiary Shares Experience

10 months ago
BREAKING: Supreme Court Declares Anyanwu PDP’s National Secretary

JUST IN: PDP NEC Affirms Anyanwu As National Secretary

1 month ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections ADC Ademola Adeleke Akpabio Alaafin Of Oyo APC Atiku Bola Tinubu Buhari CBEX Coalition Dangote Refinery Defection Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha National Power Grid Nigerian National Petroleum Company Limited (NNPCL) Nnamdi Kanu NNPC NNPCL Olubadan PDP Peter Obi Petrol Price President Ahmed Bola Tinubu Rivers Administrator Rivers Assembly Rivers Crisis Senate Tinubu UTME VeryDarkMan WAEC Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • Presidency Faults Newspaper Editorial On Hunger, Economy
  • Osun Chief Arrested For Forcing Suspect To Drink Poison
  • Ibadan Markets To Remain Closed Until Noon Friday For Olubadan’s Burial
  • WAEC Result Portal Glitch Resolved – FG

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

Nigeria Slips To Fourth Place In Africa’s Largest Economies Rank

Presidency Faults Newspaper Editorial On Hunger, Economy

August 7, 2025
Tragedy Strikes As Inferno Claims Custom Officer, Wife, Four Children Lives

Osun Chief Arrested For Forcing Suspect To Drink Poison

August 7, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights