Petrol scarcity worsens as more FCT stations run out of stock
On
By Obas Esiedesa
DESPITE assurances by the Nigerian National Petroleum Corporation, NNPC that it has enough petrol in stock and that the ex-depot price will not increase in the month of March, more filling stations in Abuja shut their gates with long queues at the few stations that were opened.
The queues which began appearing over the weekend as motorists prepared for petrol price increase this week, worsened on Monday with motorists waiting for hours before they could purchase the product.
Most filling stations monitored in the FCT had long queues with most selling at N167 although NNPC stations continued selling at N162 per litre.
Fuel queues spread over looming price hike
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Despite NNPC s Revelation, Petrol Scarcity Persists In Abuja – The News Chronicle
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Expect N195 per litre for petrol, marketers warn Nigerians
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…We’ll react when price of fuel is increased – TUC
…We are not surprised by marketers’ arrogance – JAF
By Udeme Akpan, Victor Ahiuma-Young & Obas Esiedesa
Members of the Independent Petroleum Marketers Association of Nigeria, IPMAN, have advised Nigerians to expect a higher petrol pump price in the coming days, saying price may rise to N195 per litre.
They lamented what they described as “inconsistencies” on the part of the Federal Government, the Nigerian National Petroleum Corporation, NNPC, and its subsidiary, the Pipeline and Products Marketing Company, PPMC, on deregulation policy.