Marketers Blame Supply Hitches As Fuel Scarcity Spreads

Marketers Blame Supply Hitches As Fuel Scarcity Spreads

The scarcity of Premium Motor Spirit, popularly called petrol in Abuja, Nasarawa, Niger and some other states in the North and around the country may linger till Monday or Tuesday following the shortage of PMS supply to the region, oil marketers stated on Friday.

Fuel queues began to resurface again on Thursday, leaving many motorists wondering what could be wrong.

The Nigerian National Petroleum Company Limited had said some supply issues were responsible for the queues, urging customers to exercise patience.

This has also led to a dramatic hike in the price of PMS in several parts of the country.

Several filling stations in Lagos hiked the price of PMS to over N700 per litre.

A resident, Tomisin Bakare, who said he bought PMS from a filling station around the Lagos State University-Igando axis stated that he was shocked when the attendant said fuel was now N700 per litre.

“This is after I had already spent over 50 minutes on the queue,” he quipped.

A bus driver, who gave his name only as Oga Iba, said he had to wake up early to get the product but was shocked to meet a queue there.

“They sold it for N690 to me along the Lagos-Ibadan Expressway. I went back this afternoon to refill and they said it was N710. Some of the stations, I learnt, even sold for N715 and N720 per litre,” he said.

In Imo and Anambra states, multiple sources confirmed to one of our correspondents that filling stations with products hiked their prices to as high as N800 per litre.

 

 

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