Nigeria: Petrol – Marketers Struggle to Raise Capital for New Supplies/in /by
[Vanguard] Following the removal of subsidy on petrol, the marketers are struggling to raise the required capital to purchase the product at the depots, a check by Vanguard has shown.
Cameroon: Fuel Prices Soar in Cameroon After Nigeria Scraps Fuel Subsidy/in /by
[VOA] Yaounde, Cameroon -- In parts of Cameroon, the price of gasoline has doubled since Nigeria's new President Bola Tinubu scrapped a government fuel subsidy in the oil rich nation. Nigeria is one of Africa's leading oil producers and subsidized petroleum products are routinely smuggled into Cameroon and sold by the roadside. Now, with the subsidy in place, business people in Cameroon say they are struggling to cope as fuel prices rise.
Nigeria: President Urges Forbearance As Fuel Subsidy Ends/in /by
[DW] Nigeria's President Bola Tinubu has told the country that ending a long-standing fuel subsidy was a painful necessity. But the knock-on effects of the move are having a great impact on Nigerians' everyday lives.
Kenya: Oil Marketing Companies Flock Nakuru KPC Depot for Faster Loading/in /by
[Capital FM] Nakuru -- Oil Marketing Companies from in Nairobi and other parts of the country are preferring filling their tankers at the Nakuru Kenya Pipeline Company (KPC) Depot after the installation of an ultra-modern bottom loading facility.
Nigeria: Nigerian Regulatory Agency Accuses Exxonmobil of Oil Theft/in /by
[Premium Times] "My response to your inquiry is that all operations of the NNPC/MPN Joint entire are carried out in full compliance with the law," a spokesperson for ExxonMobil said.
Nigeria: Subsidy Removal Has Crashed Daily Figure of Petrol Consumption – APC Chieftain, Akanbi/in /by
[Vanguard] A chieftain of the All Progressive Congress, APC, Senator Rilwan Akanbi, has said that the removal of subsidy by the Federal Government has crashed the daily figure of petrol consumption, saying government should increase wages as one of the ways of cushioning the effect of the stoppage of subsidy.
Nigeria: Fuel Station Owners in Kano Groan As Sales Drop/in /by
[Vanguard] Fuel station owners and pump attendants in Kano are lamenting low patronage as patrons have reduced volume of purchases following pump price increases.
Angola: Main Opposition Considers It Necessary to Withdraw Fuel Subsidies/in /by
[ANGOP] Viana -- The leader of Angola's main opposition UNITA party, Adalberto Costa Júnior, considered this Saturday, in Luanda, the removal of fuel subsidies a necessary measure, despite the lack of timing in its implementation.
Nigeria: Subsidy Removal – Trust Me, Your Sacrifice Won’t Be in Vain, Tinubu Tells Nigerians/in /by
[Premium Times] Mr Tinubu said the decision to remove the petrol subsidy "is one decision we must bear to save our country from going under..."
Nigeria: Subsidy Removal a Tough Decision to Save Nigeria From Going Under – -Tinubu/in /by
[Vanguard] President Asiwaju Bola Ahmed Tinubu has urged Nigerians to remain steadfast, saying his decision on subsidy removal, even though abrupt, is to save Nigeria from going under.