• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Fuel Woes Trigger Gridlock Across Nigeria

Nigeria: MOMAN Fingers High Logistics Costs As Fuel Crisis Deepens

3 years ago
Ghana: Pension Funds Decry Offshore Investment Ban As Counterproductive

Ghana: Pension Funds Decry Offshore Investment Ban As Counterproductive

23 minutes ago
Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

Senegal Considers Construction Of Second Refinery In 2026

1 hour ago
HT Exclusive: Peter Mutharika’s Historic Comeback: Lessons From Malawi’s Election

HT Exclusive: Peter Mutharika’s Historic Comeback: Lessons From Malawi’s Election

6 hours ago
MWC Kigali
Ghana To Receive West Africans Deported From US

Ghana: Inflation Drops To Single Digit First Time In Four Years

1 day ago
Ghana Traders Threaten Protest Over Inflation

African Exports Threatened As US Trade Pact Expires

1 day ago
Thursday, October 2, 2025
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    HT Exclusive: Peter Mutharika’s Historic Comeback: Lessons From Malawi’s Election

    HT Exclusive: Peter Mutharika’s Historic Comeback: Lessons From Malawi’s Election

    cybersecurity

    Nigeria @65: 10 Key Takeaways From Tinubu’s Independence Day Speech

    Guinea Revokes Mining Concession Over Firm’s Inability To Build Alumina Refinery

    Guinea: Presidential Poll Holds Dec. 28 After Controversial Referendum

    SA: Thousands Of Protesters Urge Ramaphosa To Cut Ties With Israel

    SA: Thousands Of Protesters Urge Ramaphosa To Cut Ties With Israel

    Umar Sani’s Exposure Of Otedola’s “Hypocrisy” Points To Jonathan’s Key Role In His Debt Rescue

    Umar Sani’s Exposure Of Otedola’s “Hypocrisy” Points To Jonathan’s Key Role In His Debt Rescue

    Nigeria: All Eyes On Tinubu Over Ibas’ Controversial Rivers Tenure As Sole Administrator 

    Nigeria: All Eyes On Tinubu Over Ibas’ Controversial Rivers Tenure As Sole Administrator 

    UNGA 80: Nigeria Pushes For Debt Relief, Permanent Seat At UNSC

    UNGA 80: Nigeria Pushes For Debt Relief, Permanent Seat At UNSC

    Malawi: Ex-Leader Mutharika Declared Winner Of Presidential Election

    Malawi: Ex-Leader Mutharika Declared Winner Of Presidential Election

    Uganda: Bobi Wine Cleared To Contest January Presidential Poll

    Uganda: Bobi Wine Cleared To Contest January Presidential Poll

  • Economy
    Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

    Senegal Considers Construction Of Second Refinery In 2026

    Ghana To Receive West Africans Deported From US

    Ghana: Inflation Drops To Single Digit First Time In Four Years

    AfDB, Private Sector Forge Stronger Ties To Bridge $400bn Development Gap

    AfDB, Private Sector Forge Stronger Ties To Bridge $400bn Development Gap

    Nigeria To Host BRICS Women’s Business Alliance Regional Office

    Nigeria To Host BRICS Women’s Business Alliance Regional Office

    Trump Threatens 25% Tariffs On iPhones Not Produced In US

    Trump Backs Extension Of AGOA Trade Deal With Africa

    Nigeria Investigates Alleged Mistreatment Of Passengers By Lufthansa Airlines

    Europe’s Biggest Airline Group To Cut 4,000 Jobs By 2030

    At UNGA80, Nigeria Secures AfDB’s Funding Commitment For Agriculture

    At UNGA80, Nigeria Secures AfDB’s Funding Commitment For Agriculture

    Botswana Aims To Expand Economy With Citizenship By Investment

    Botswana Aims To Expand Economy With Citizenship By Investment

    Nigeria: Tinubu Honours Slain Niger Delta Environmental Activists After 31 Years

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    HT Exclusive: Peter Mutharika’s Historic Comeback: Lessons From Malawi’s Election

    HT Exclusive: Peter Mutharika’s Historic Comeback: Lessons From Malawi’s Election

    cybersecurity

    Nigeria @65: 10 Key Takeaways From Tinubu’s Independence Day Speech

    Guinea Revokes Mining Concession Over Firm’s Inability To Build Alumina Refinery

    Guinea: Presidential Poll Holds Dec. 28 After Controversial Referendum

    SA: Thousands Of Protesters Urge Ramaphosa To Cut Ties With Israel

    SA: Thousands Of Protesters Urge Ramaphosa To Cut Ties With Israel

    Umar Sani’s Exposure Of Otedola’s “Hypocrisy” Points To Jonathan’s Key Role In His Debt Rescue

    Umar Sani’s Exposure Of Otedola’s “Hypocrisy” Points To Jonathan’s Key Role In His Debt Rescue

    Nigeria: All Eyes On Tinubu Over Ibas’ Controversial Rivers Tenure As Sole Administrator 

    Nigeria: All Eyes On Tinubu Over Ibas’ Controversial Rivers Tenure As Sole Administrator 

    UNGA 80: Nigeria Pushes For Debt Relief, Permanent Seat At UNSC

    UNGA 80: Nigeria Pushes For Debt Relief, Permanent Seat At UNSC

    Malawi: Ex-Leader Mutharika Declared Winner Of Presidential Election

    Malawi: Ex-Leader Mutharika Declared Winner Of Presidential Election

    Uganda: Bobi Wine Cleared To Contest January Presidential Poll

    Uganda: Bobi Wine Cleared To Contest January Presidential Poll

  • Economy
    Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

    Senegal Considers Construction Of Second Refinery In 2026

    Ghana To Receive West Africans Deported From US

    Ghana: Inflation Drops To Single Digit First Time In Four Years

    AfDB, Private Sector Forge Stronger Ties To Bridge $400bn Development Gap

    AfDB, Private Sector Forge Stronger Ties To Bridge $400bn Development Gap

    Nigeria To Host BRICS Women’s Business Alliance Regional Office

    Nigeria To Host BRICS Women’s Business Alliance Regional Office

    Trump Threatens 25% Tariffs On iPhones Not Produced In US

    Trump Backs Extension Of AGOA Trade Deal With Africa

    Nigeria Investigates Alleged Mistreatment Of Passengers By Lufthansa Airlines

    Europe’s Biggest Airline Group To Cut 4,000 Jobs By 2030

    At UNGA80, Nigeria Secures AfDB’s Funding Commitment For Agriculture

    At UNGA80, Nigeria Secures AfDB’s Funding Commitment For Agriculture

    Botswana Aims To Expand Economy With Citizenship By Investment

    Botswana Aims To Expand Economy With Citizenship By Investment

    Nigeria: Tinubu Honours Slain Niger Delta Environmental Activists After 31 Years

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Nigeria: MOMAN Fingers High Logistics Costs As Fuel Crisis Deepens

January 21, 2023
in Metro, Top Stories
0
Fuel Woes Trigger Gridlock Across Nigeria

File photo used to illustrate the story.

0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By John Ikani 

The lingering fuel scarcity in Nigeria has taken a turn for the worse with the Major Oil Marketers Association of Nigeria (MOMAN) attributing the crisis to high costs of vessels and inadequate trucks for transporting petroleum products from depots to filling stations across the country.

Relatedreading

Ghana: Pension Funds Decry Offshore Investment Ban As Counterproductive

Senegal Considers Construction Of Second Refinery In 2026

The association, which represents major fuel marketers in Nigeria, issued a statement on Friday explaining that these high logistics and exchange rate costs continue to put pressure on their operations with ripple effects on the pump price and long queues at filling stations.

MWC Kigali MWC Kigali MWC Kigali
ADVERTISEMENT

The fuel queues, according to MOMAN, are caused by exceptionally high demand and bottlenecks in the fuel distribution chain.

“The major cause is the shortage and high (US Dollar) costs of daughter’s vessels for ferrying product from mother vessels to depots along the coast,” MOMAN said in a statement.

“Next is the inadequate number of trucks to meet the demand to deliver products from depots to filling stations nationwide.”

MOMAN, in its statement, sympathized with Nigerians over the challenges they are facing in the purchase of petrol at filling stations across the country.

The association also noted that its members have agreed to extend depot loading hours and keep strategically situated service stations open for longer hours to ease access to fuels for customers.

However, MOMAN stressed that a final resolution to these challenges will be the full deregulation of the petroleum downstream sector to encourage liberalization of supply and long-term investments in distribution assets.

The association urged the Nigerian government to work towards this end goal.

In recent months, especially since the government announced plans to remove fuel subsidies, Nigerians have had a hard time getting petroleum products at filling stations.

The scarcity has persisted despite the government’s repeated claims it had enough petroleum products in stock.

In many parts of the country, operators of filling stations sold at prices higher than the government’s pump price.

As the fuel crisis continues to deepen, the Nigerian government has denied approving any increase in the pump prices of petrol across the country.

The Minister of State for Petroleum Resources, Timipre Sylva, however, acknowledged that the crisis persists as Nigerians continue to queue for fuel in filling stations amidst reports of increase in the pump price of petroleum products.

Tags: breakingHeritageheritage timesheritagetimesmedialatestMajor Oil Marketers Association of Nigeria (MOMAN)newsNigerian Ministry of Petroleum Resourcesthe heritage timesthtthtafricaTimipre Sylvatop stories
ShareTweetSend
Previous Post

Senegal: US Treasury’s Secretary Breaks Ground For Rural Electrification Project

Next Post

Chadian Govt Lifts Suspension Ban On Opposition Parties

Related Posts

Ghana: Pension Funds Decry Offshore Investment Ban As Counterproductive

Ghana: Pension Funds Decry Offshore Investment Ban As Counterproductive

October 2, 2025
Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

Senegal Considers Construction Of Second Refinery In 2026

October 2, 2025

HT Exclusive: Peter Mutharika’s Historic Comeback: Lessons From Malawi’s Election

Ghana: Inflation Drops To Single Digit First Time In Four Years

African Exports Threatened As US Trade Pact Expires

Exxon Mobil Eyes South Africa As Leading LNG Hub

Next Post
Chad Pardons 380 Life-Sentenced Rebels Connected With Former President's Death

Chadian Govt Lifts Suspension Ban On Opposition Parties

Please login to join discussion
MWC Kigali MWC Kigali MWC Kigali
AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2 AfriHeritage Magazine Issue 2

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Ghana: Pension Funds Decry Offshore Investment Ban As Counterproductive

Ghana: Pension Funds Decry Offshore Investment Ban As Counterproductive

October 2, 2025
Senegal: PM Sonko Says He Prefers Being Head Of Govt, Not Leader Of Parliament

Senegal Considers Construction Of Second Refinery In 2026

October 2, 2025
HT Exclusive: Peter Mutharika’s Historic Comeback: Lessons From Malawi’s Election

HT Exclusive: Peter Mutharika’s Historic Comeback: Lessons From Malawi’s Election

October 2, 2025
Ghana To Receive West Africans Deported From US

Ghana: Inflation Drops To Single Digit First Time In Four Years

October 1, 2025
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

Ghana: Pension Funds Decry Offshore Investment Ban As Counterproductive

October 2, 2025

Senegal Considers Construction Of Second Refinery In 2026

October 2, 2025

HT Exclusive: Peter Mutharika’s Historic Comeback: Lessons From Malawi’s Election

October 2, 2025

Ghana: Inflation Drops To Single Digit First Time In Four Years

October 1, 2025

African Exports Threatened As US Trade Pact Expires

October 1, 2025

Exxon Mobil Eyes South Africa As Leading LNG Hub

October 1, 2025

US: Supreme Court Bars Trump From Immediately Sacking Fed. Reserve Governor

October 1, 2025

Niger Junta Leader, Tchiani Discusses Security With Mali’s Military President

October 1, 2025

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

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