Skip to main content

Close to 30 days after the shortage of premium engine soul tossed the country into an energy emergency, signs arose yesterday that the circumstance might go from awful to more terrible, as costs at the siphon rose to over N300 per liter in some filling stations the nation around, particularly those claimed by free advertisers.

Albeit the Nigerian National Petroleum Company Limited had said in Abuja that 2.3 billion liters of extra premium engine soul were being brought into the country to supplement existing one billion liters as a component of measures to address fuel shortage, sources assembled, yesterday, that most advertisers, particularly terminal proprietors who had made installment for items since December last year, were yet to get the transfer.

In Abuja, lines at gas stations developed longer at the end of the week as the effect of supply disturbance entered the third week, regardless of confirmations of speedy goals by the Federal Government. A couple of fuel stations were administered in the downtown area and suburbia. Not many apportioned at the actual siphon cost had extremely long lines. While the cost was selling for N165 per liter in the city, most stations towards different pieces of the northern area were selling above N300 per liter.

Barely any fillings were administered under weighty lines on the Kubwa interstate and a few pieces of the city, particularly Jabi, Wuyi, Wuse, Central Business District, Garki, and others. On the air terminal street, Shema filling was without fuel. NIPCO was administered under a long line. Dan oil was under lock. Oando was assisting on the Kubwa freeway with long lines and MRS. Most of the A.Y Shafa stations along the course had no fuel.

Public Operation Controller Independent Petroleum Marketers Association of Nigeria, IPMAN, Mike Osatuyi, said his individuals were finding it challenging to source the item from warehouse proprietors.

He indicated that autonomous advertisers are as yet obtaining petroleum at N190 per liter, against the government’s N148 per liter directed cost, making it challenging for them to sell at the N162/N165 per liter controlled price. Review that the Bayelsa State government had coordinated all fuel stations not to sell petroleum above N230 per liter, albeit the general cost is N165 per liter. In Benin, Conoil along the air terminal street was apportioning at N200 yesterday. In contrast, the NNPC along Sapele street, close to Protea Hotel, had long lines but was administered at the actual cost.

 

In Lokoja, the cost stayed high and, surprisingly, more regrettable across tiny urban communities in the state. For example, Olobo Global Oil, along the old Egume Street in Anyigba under Dekina nearby government, was selling at N230 per liter. While the lines seemed to have decreased last week, the circumstance turned out to be more terrible from Friday, as numerous gas stations stayed shut, while those that opened and sold at the authority cost had long lines of drivers standing by to purchase the item. In Lagos, most of the stations possessed by autonomous advertisers without lines sold the item somewhere in the range of N200 and N250 a liter.

Leave a Reply