OIL MARKETERS BLAME NNPCL AS FUEL SCARCITY HITS STATES

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Marketers have attributed the recent shortage of Premium Motor Spirit (PMS), also referred to as gasoline, to a problem with supply from Nigerian National Petroleum Company (NNPC) Limited, the nation’s largest oil supplier.

Billy Gillis-Harry, the National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), announced this on Monday during The Morning Brief breakfast show on Channels Television.

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Nigerians are lining up at gas stations all over the country as a result of the recent gasoline shortage, which has halted several economic activities in states around the Federation.

After hours of sweat and competition, some motorists were fortunate enough to purchase fuel at select retail shops for between N700 and N1200 per liter; however, others weren’t so fortunate, as many retail outlets were closed, citing a shortage as their reason.

Due to the premium product’s shortage, black market dealers were forced to charge as much as N2,000 per liter of gasoline in some states.

In addition to causing thousands of people to become stranded at bus stops with transportation fares double what they were previously, lengthy lineups at filling stations in Lagos, Abuja, Port Harcourt, Kaduna, Sokoto, Kano, Benue, and other locations have made the traffic situation in the states worse.

Though many outlets owned by independent oil marketers remained shut, checks by our correspondent in Lagos showed that NNPC retail outlets sell petrol at N568 per litre but not many motorists could survive the unending queues and jostling for sometimes six hours to get the premium product.

 

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