Fuel scarcity forces NNPC boss back from foreign trip
Fuel scarcity forces NNPC boss back from foreign trip
Nigerian motorists queuing for fuel told there are no shortages
07 December, 2017, 05:40
Nigeria's state oil company assured motorists on Tuesday there was no shortage of petrol and urged them not to engage in panic buying after long queues built up at filling stations.
The Independent Petroleum Marketers Association of Nigeria had threatened to stop sales of products, accusing the Nigerian National petroleum corporation of under supplying its members with petrol.
"If we add other costs to it, we can not sell at N145 per litre". We are hoping and believing that when they resume production, we will be able to get products from their and distribute to all our outlets, " he said.
But the NNPC said they are importing about 100 percent of petroleum products adding that there is sufficient supply across board.
He said the NNPC management had invited IPMAN Lagos branch to a meeting at the NNPC Towers on December 14.
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Mohammed stated that Kachikwu told the federal cabinet that there is enough fuel in the country to last till January 2018.
On Monday, the NNPC informed Nigerians that there was no plan whatsoever to increase the prices of petroleum products both at the ex-depot level and pump price ahead of the forthcoming yuletide. An investigation revealed that all depots in Apapa sell petrol above the ex-depot price of N133.28k. This development has further compounded the sufferings of many Nigerians.
According to one of the marketers who pleaded anonymity, the depots serving the South-West, Mosinmi, Ejigbo, Ibadan and Ilorin depots, were loading an average of 20 trucks per day as against the usual 150 trucks per day.
As at 1p.m. yesterday when THISDAY concluded its round of visits to service stations in Maitama, Wuse, Jabi, along Kubwa Expressway and Nyanya axis, vehicular queues had built up, but the stations were dispensing at the official pump price of N143 to N145 per litre. But, queues have surfaced in filling stations in Sokoto metropolis and its environs, creating hardship for motorists and commuters.
Our correspondents in Kaduna said there were long queues in major filling stations in the state capital.
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