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Fuel Scarcity Worsens as Petrol Prices Surge: November 12th, 2024 Update
By Kayode Sanni-Arewa
As Nigerians face the impact of a recent increase in fuel prices announced by the Nigerian National Petroleum Company (NNPC) Limited, citizens continue to grapple with both rising costs and a scarcity of petrol, which has disrupted daily life.
Gists9ja reports on the latest developments surrounding petrol availability, escalating prices, and the reactions of both government officials and the public.
A significant step toward addressing these challenges was recently taken by the Independent Petroleum Marketers Association of Nigeria (IPMAN), which secured a new agreement with the Dangote Refinery for direct fuel supply. This partnership is seen as a strategic move to stabilize fuel distribution nationwide.
At a press briefing held in Abuja, IPMAN’s National President, Abubakar Garima, announced the partnership after discussions with the association’s National Working Committee. Garima stated that the primary goal of this collaboration is to ensure an uninterrupted and reasonably priced supply of Premium Motor Spirit (PMS) to consumers across Nigeria.
Following meetings with Aliko Dangote and his management team in Lagos, Garima shared that Dangote Refinery agreed to provide IPMAN with PMS, Automotive Gas Oil (AGO), and Dual Purpose Kerosene (DPK). These products will be supplied directly to IPMAN’s depots and retail outlets to streamline distribution channels.
“We are very pleased to have reached an understanding with Dangote Refinery. This agreement will allow us to source PMS, AGO, and DPK directly from the refinery,” Garima explained. He also encouraged IPMAN members to embrace this partnership, highlighting that the initiative would contribute to local economic growth and reinforce Nigeria’s foreign exchange reserves by reducing dependence on imported fuels.
Garima emphasized the broader economic potential of this deal, noting that this move toward self-sufficiency supports the administration’s agenda for a revitalized Nigeria. “By relying on local refineries like Dangote, IPMAN members can contribute to job creation and help advance President Bola Tinubu’s vision for economic stability and prosperity,” he said.
After extensive negotiations spanning several months, this agreement aims to boost efficiency in fuel supply, reduce fuel prices for consumers, and stimulate economic development.
The financial implications of fuel importation have shifted recently, as the cost of landing Premium Motor Spirit (PMS) in Nigeria decreased by approximately 20.34 percent over the past three months, reducing from ₦1,219 per litre to ₦971.57 per litre. This reduction in landing costs, which include expenses for importation and distribution, is attributed to changes in global oil prices and adjustments within the supply chain. Yet, despite these lowered landing costs, Nigerians have seen retail petrol prices rise significantly.
Since August 2024, the price of petrol has surged by ₦443, marking a 71.79 percent increase from ₦617 per litre to ₦1,060 per litre as of November 8, 2024. Independent marketers, facing their own rising costs, have been selling petrol at rates as high as ₦1,180 per litre in some regions.
Data from the Major Energies Marketers Association’s energy bulletin illustrates the pricing shifts. In August, oil marketers imported petrol at ₦1,219 per litre when Brent crude was priced at $80.72 per barrel, with an exchange rate of ₦1,611 per dollar. At that time, petrol was retailing at ₦617 per litre. By November, the landing cost had decreased to ₦971.57 per litre, with Brent crude priced at $75.57 per barrel, and the exchange rate at ₦1,665.84 per dollar
In response to the price hikes, the Human Rights Writers Association of Nigeria (HURIWA) issued a statement condemning the policy of repeated fuel price increases. The organization’s National Coordinator, Emmanuel Onwubiko, argued that the government’s approach to fuel pricing appears to benefit a select few rather than address the needs of ordinary Nigerians.
According to HURIWA, the successive hikes in fuel prices have led to a rise in the cost of essential goods, pushing millions of Nigerians into deeper financial hardship. “The policy of incessantly increasing the pump price of petroleum products does not serve the interests of the Nigerian populace,” Onwubiko stated. “It primarily benefits the associates and business affiliates of those in power, rather than providing relief for average Nigerians.”
HURIWA expressed concerns that the rising fuel costs have driven up food prices, which many households can no longer afford. This has resulted in widespread malnutrition, increased hunger, and an alarming rise in the number of out-of-school children as families struggle to make ends meet. The organization noted that while most Nigerians face these difficult conditions, only a few in the oil and gas industry are profiting from the current situation, as recent statistics indicate.
HURIWA’s critique underscores the growing public frustration with the economic burden that fuel price hikes impose on Nigerians. Many are hopeful that initiatives like the IPMAN-Dangote partnership will alleviate these issues by ensuring a more stable and affordable fuel supply across the nation.
Alhaji Ibrahim Galadima, a former Chairman of the Nigeria Football Association (NFA), died on Saturday after a prolonged illness.
His death was confirmed by former Secretary-General of the NFA, Sani Ahmed Toro.
Galadima was a prominent figure in Nigerian sports administration, having led the NFA before it was restructured into the Nigeria Football Federation (NFF).
He also served as Chairman of the Kano State Sports Council between 1981 and 1983.
Born in 1951 in Fagge, Kano, Galadima had a long-standing career in sports governance.
He was a member of the National Sports Commission and was elected Vice President of the Nigeria Olympic Committee in 1985, a position he held until 1987.
He was later reappointed as Chairman of the Kano State Sports Council and continued to play key roles at both state and national levels.
Galadima also served on the Presidential Monitoring Committee on the development of sports facilities for the 1995 FIFA World Youth Championship, which was initially scheduled to be hosted in Nigeria but later relocated due to health-related challenges.
In addition, he was a member of the Confederation of African Football (CAF) Youth Championship Organising Committee.
In 2002, he was elected Chairman of the then Nigeria Football Association, further cementing his legacy as one of the country’s influential sports administrators.
Burial arrangements will be announced later according to family sources.
Tragedy struck the Panshanu Hill stretch of the Bauchi-Jos federal highway on Friday evening as a horrific multi-vehicle collision claimed the lives of eleven persons, leaving thirty-two others with life-threatening injuries.
The victims, including women and children, were reportedly burnt beyond recognition when the vehicles involved in the crash erupted into a massive fireball upon impact.
According to a crash report released by the RS12.14
Toro Unit Command of the Federal Road Safety Corps
(FRSC), the accident occurred at approximately 6:40
PM. FRSC personnel, who arrived at the scene within ten minutes of the report, battled to rescue survivors from the mangled, smoking wreckage.
The crash involved a white MAN mini-tanker, identified as part of the Nigerian Police fleet, and a white FIAT J5 Boxer commercial bus with registration number KTU624XY.
Preliminary investigations by the FRSC identified
“dangerous driving” and the use of “worn-out tyres” as the probable causes of the carnage. The impact, which occurred on a single, unpaved carriageway, sent both vehicles off the road and triggered an immediate inferno.
A breakdown of the casualties paints a heart-wrenching picture of the disaster. Out of the 43 persons involved in the accident, 11 fatalities were recorded, comprising one male adult, three male children, five female adults, and two female children.
The 32 injured survivors, including five male children, 19 female adults, seven female children, and one male adult, were rushed to a nearby general hospital for emergency treatment.
The Bauchi State Command of the FRSC has reiterated its warning to motorists to avoid overspeeding and ensure their vehicles are in roadworthy condition, especially when navigating the treacherous bends of the Panshanu Hill.
The 2026 UTME, which began on April 16, is expected to continue until April 22 across examination centres nationwide.
The Joint Admissions and Matriculation Board on Friday announced that it had released the results of 632,788 candidates who sat for the first day of the 2026 Unified Tertiary Matriculation Examination (UTME).
A statement by the JAMB spokesperson Fabian Benjamin noted that the results of candidates who sat the 2026 UTME on Thursday, 16 April 2026, have been released and are now available for viewing.
To check their results, he advised candidates to send UTMERESULT via SMS to 55019 or 66019, using the same phone number (SIM) used during registration.
He, however, said that at this stage, candidates may view their results only; printing is not yet available.
The 2026 UTME, which began on April 16, is expected to continue until April 22 across examination centres nationwide.
How To Print Your Official Result Slip
The result slip carries the candidate’s passport photograph, full scores, and details required for admission processing.
It will be made available for printing on JAMB’s e-Facility portal at efacility.jamb.gov.ng and attracts a fee of N1,500.
Once activated, candidates should follow the steps below.
– Visit efacility.jamb.gov.ng.
– Log in with your registered email address and password.
– On your dashboard, click Print Result Slip.
– Click Continue with Payment and pay the N1,500 fee.
– Select 2026 as the examination year and enter your JAMB registration number.
– Download and print the result slip.
Check Your Score Via SMS
– Make sure you have at least N50 airtime on the phone number linked to your JAMB registration.
– Send UTMERESULT to 55019.
– Your score will be delivered to you via SMS.
Other Tips
– If you have forgotten your password or email address, use the Forgot Password option on the portal or visit a JAMB office with your registration details.
– Keep multiple printed copies of your result slip, as institutions typically request it during screening and admission.
– Use only JAMB’s official websites — efacility.jamb.gov.ng or portal.jamb.gov.ng to avoid scams.
JAMB Cautioned Against Manipulation
Candidates were strongly cautioned against manipulating the SMS received from the official platform (55019/66019) to fabricate or alter scores with the intent to mislead others, including parents.
“Such actions constitute a serious criminal offence. The Board treats such misconduct with the utmost gravity.”
“Currently, two candidates and one parent are in custody for engaging in result falsification using AI and other electronic means. Any candidate found culpable will face the full consequences of the law”, JAMB warned.
The examination is ongoing, and results will continue to be released as they become available.
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