![L-R: Managing Director, BGL Securities Limited, Arnold A. Dublin-Green; Assistant Vice President, Financial Derivatives Limited, Dr. Ifeoma Nwokolo; CEO, Centre for the Promotion of Private Enterprise [CPPE], Muda Yusuf (speaker); Chairman of the Occasion, Chief Paul Usoro; Dean, Lagos Business School, Information Systems, Prof. Olayinka David-West; Managing Director/CEO, Financial Derivatives Company, Bismarck Rewane; Group Chief Branding & Communications Officer, Dangote Industries Limited, Anthony Chiejina at Dangote Petroleum Refinery & Petrochemicals IPO Roadshow tagged “Back to where it all began” in Port Harcourt. Rivers State on Monday, October 12, 2026…](https://pmparrotng.com/wp-content/uploads/2026/10/Dangote-imagee-180x135.jpg "As Dangote Refinery’s IPO Nears Close, Small Investors Take Center Stage")
The present fuel scarcity being experienced by Nigerians has been described by President Muhammadu Buhari as very ‘regrettable’.
The President in a statement shared on his verified twitter handle, also said he is regularly briefed by Nigerian National Petroleum Corporation (NNPC) on its intervention to ensure there is an availability of petrol across the country.
“The fuel scarcity being experienced nationwide is regrettable. I sympathize with all Nigerians on having to endure needless fuel queues,” he tweeted.
“I’m being regularly briefed, especially on the NNPC’s interventions to ensure that there is enough petrol available during this period & beyond.
“I have the NNPC’s assurance that the situation will improve significantly over the next few days, as new shipments and supplies are distributed across the country.
“I have also directed the regulators to step up their surveillance and bring an end to hoarding and price inflation by marketers.
“Let me also assure that the relevant agencies will continue to provide updates on the situation. I thank you all for your patience and understanding.”
Packaged by Alice Egbedele
