#fuelsupply – BUSINESS ECHO MAGAZINE

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Monday said the management of the apex bank would soon be meeting with the Nigerian National Petroleum Company Limited (NNPC) and the Ministry of Finance Budget and National Planning to work out ways of immediately resolving the fuel scarcity imbroglio, now impacting prices of goods and services. Emefiele, who stated this at the 141th Monetary Policy Committee (MPC) meeting in Abuja, also said that the members of the policy committee voted to retain all monetary policy parameters, including the Monetary Policy Rate (MPR) at 11.5 per cent; asymmetric corridor of +100/-700 basis points around the MPR; the CRR at 27.5 per cent; and Liquidity Ratio at 30 per cent. Become a partner with USA companies, promote their offers and get paid in US Dollars weekly, Nigerians are earning about $465 weekly. Click here to see how you too can get paid . According to Emefiele, the Russia-Ukraine crisis has dealt a devastating blow on the energy sector, leading to supply shortages across the globe. He said the MPC was particularly worried about the rising crude oil theft in Nigeria, which is worsening the energy crisis and preventing Nigeria from meeting it’s production quota. 100% Natural Herbs to Finally End Premature Ejaculation, Weak Erection and Small Manhood. >>>Click Here for Details

CBN To Meet NNPC, Finance Ministry Over Fuel Scarcity

…Laments oil theft …Holds policy parameters unchanged The Central Bank of Nigeria (CBN)’s Governor, Mr. Godwin Emefiele, on Monday said the management of CBN would soon...

Oil & Gas1 year ago

We’ll Handle Erring PMS Suppliers, House Committee On Petroleum Tells Nigerians

…As NNPC CEO Assures Fuel Queues Will Vanish in Few Days Olushola Okunlade Writes The Chairman, House of Representatives Committee on Petroleum (Downstream), Hon. Abdullahi Mahmud Gaya...

Oil & Gas1 year ago

NNPC, Marketers Begin 24-Hour Depot, Retail Outlet Operations To End Fuel Scarcity

Olushola Okunlade Writes To address the lingering fuel scarcity occasioned by the imported adulterated petrol, the Nigerian National Petroleum Company (NNPC) Limited has announced the commencement...

Energy1 year ago

NNPC Reassures Nigerians On Adequate, Non-Contaminated Fuel Supply

…Promises Remedial Action on Defaulting Importers Olushola Okunlade Writes The Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the...

BUSINESS ECHO MAGAZINE

All posts tagged "#fuelsupply"

CBN To Meet NNPC, Finance Ministry Over Fuel Scarcity

We’ll Handle Erring PMS Suppliers, House Committee On Petroleum Tells Nigerians

NNPC, Marketers Begin 24-Hour Depot, Retail Outlet Operations To End Fuel Scarcity

NNPC Reassures Nigerians On Adequate, Non-Contaminated Fuel Supply

Fuel: IPMAN Hails FG Over Approval For Private Importers

Otunba Jafaru Braimoh Renew Marital Vows With Yeye Juliet, Iyalaje Of Oke-Aro

FBN Holdings 2022 Earnings Rises To N805 Billion; Q1 2023 Profit Grows By 55% To N56 Billion

NNPC Board Chairman Commends Nigeria’s Participation At OTC 2022

Seplat Energy Appoints Ezugworie As COO, Executive Director Board

Institute For Tourism Professionals Elected Otunba Ayo Olumoko As Zonal Vice President