Business
Fuel Scarcity: Queues Return In Abuja
Fuel Scarcity: Queues Return In Abuja
iexclusive News Nigeria reports that Queues on Saturday surfaced at some petrol filling stations in Abuja and its environs due to fear of fuel scarcity.
As marketers refused to load from depots due “to uncertainty in fuel price regime.”
This online news medium gathered that apart from the Nigerian National Petroleum Corporation (NNPC)
Retail stations and some major marketers, many of the independent marketers did not open.
Because of this, there were long queues at the few petrol stations selling to customers.
At an NNPC retail outlet at Central Area in the nation’s capital, motorists were seen struggling to buy the product which sold at N162 per liter.
The situation was the same at A.A. Rano at Jabi where the premium motor spirit went for N163 per liter.
The president of Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Okonkwo.
Declined to comment on the cause of fuel scarcity, but an executive member of the association attributed the situation to anxiety over price of fuel.
The executive, who pleaded anonymity, said IPMAN refused to load at the depots because they wanted the NNPC to come clean on deregulation.
The deregulation of petroleum downstream and pump price increase have generated conflict between the Government and Labor for close to two decades.