
Despite repeated assurances from state-run Nigerian National Petroleum Corporation (NNPC) that is has more than enough petrol to meet consumers’ demand; the long queues are back at the filling stations.
Many of the stations ran out of stock over the weekend, leaving the few that have the product to dispense at prices above the approved N145 per litre.
The scarcity worsened in Lagos on Sunday, a day the NNPC claimed it rolled in 250 trucks of Premium Motor Spirit (PMS) to Lagos in a move to ensure product’s availability.
The fuel scarcity, which returned at the turn of last year, has been blamed on number of reasons including, panic buying; hoarding; sabotage and diversion of products to neighbouring countries by unpatriotic marketers.
The fuel supply problem was aggravated by the withdrawal of members of MOMAN and Depot and Petroleum Product Marketers’ Association of Nigeria (DAPPMAN) from product importation.

January 23, 2018 





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