Fuel

Protesters In Panama Reject Peace Deal, Mount New Roadblocks

Protesters In Panama Reject Peace Deal, Mount New Roadblocks

As social groups rejected a deal made with the government to clear the roadways in exchange for a reduction in fuel prices, fresh roadblocks appeared in Panama yesterday indicating that trouble was still brewing. 

According to Luis Sanchez, a leader of the Anadepo civic gathering, union leaders consulted grassroots supporters about the arrangement made on Sunday before deciding to continue the protest.

‘We had warned the executive that we still have to consult the rank and file,’ he told the TVN-2 channel.

The agreement, he added, ‘was signed under pressure’ and members have opted to continue the mobilization that had …

'Sinking' Sri Lanka Appeals To Putin For Fuel, Tourists

‘Sinking’ Sri Lanka Appeals To Putin For Fuel, Tourists

According to Wednesday’s remarks from President Gotabaya Rajapaksa, Sri Lanka has requested fuel from Russia and the resumption of tourist flights to assist the nation to weather its unprecedented economic crisis.

After running out of foreign cash to pay for imports, the island nation has endured months of outages, extreme inflation, and severe food and fuel shortages.

Rajapaksa claimed to have phoned with Vladimir Putin, his Russian counterpart, to request loaned fuel supplies and to ‘humbly’ ask for the resume of flights between Moscow and Colombo.

Read Also: We Have Run Out Of Petrol, Sri Lanka New PM Tells Citizens

Ecuador Moves To Cut Fuel Prices To End Weeks Of Protests

Ecuador Moves To Cut Fuel Prices To End Weeks Of Protests

The embattled President of Ecuador, Guillermo Lasso has announced that the country will cut fuel prices, which had sparked weeks of demonstrations, though less than what the protesters have been demanding.

Speaking in a television and radio address on Tuesday, he said; ‘I have decided to reduce the price of gasoline by 10 cents per gallon and diesel also by 10 cents per gallon’.

Africa Daily News, New York reports that the powerful Confederation of Indigenous Nationalities of Ecuador (Conaie), which since June 13 has been going about and blocking roads as well as occupying oil wells in different …

Prepare For Worst Fuel Scarcity, Marketers Warn Nigerians

Prepare For Worst Fuel Scarcity, Marketers Warn Nigerians

The Independent Petroleum Marketers Association of Nigeria has called on Nigerians to prepare for the worst fuel crisis following recent developments in the energy sector.

As a way of averting this, the petrol marketers association have appealed to the Federal Government to prevail on the Nigerian Midstream and Downstream Petroleum Regulatory Authority to pay its members their outstanding bridging claims amounting to over ₦500 billion.

The IPMAN chairman in Kano State, Bashir Danmalam, made known while addressing a news conference in Kano State on yesterday.

Read Also: Africa Must Prepare For A Global Food Crisis, Says Adesina

He said the …

Please Don’t Shut Down Airline Operations, FG Appeals To AON

Please Don’t Shut Down Airline Operations, FG Appeals To AON

In the aftermath of the threat by Airline Operators of Nigeria, AON to down tools on Monday owing to high cost of aviation fuel, the federal government has appealed the union to give it time to explore means of resolving the challenge.

Minister of Aviation made the plea in a statement signed by his Special Assistant on Public Affairs, James Odaudu.

The statement read: “The attention of the Honourable Minister of Aviation, Senator Hadi Sirika has been drawn to reports that the nation’s air transportation system will be disrupted as from Monday May 9th, 2022, following threats by airline operators …

Nigeria Now On Autopilot, PDP Declares

Nigeria Now On Autopilot, PDP Declares

Nigeria’s main opposition Party, the Peoples Democratic Party (PDP) has declared that the All Progressives Congress (APC)-led Federal Government has placed Nigeria on autopilot that is now lacking direction.

PDP made this assertion in a statement by its National Publicity Secretary, Hon. Debo Ologunagba which was sighted  by Africa Daily News, New York. He said that all critical indicators so far have showed that the APC has allegedly abdicated its constitutional duty to guarantee the security and welfare of the people.

According to the party ‘The prevailing chaotic situation in the country with widespread uncertainties, unabating fuel crisis, piercing economic