Fuel scarcity: Marketers receive 58 million litres

Written by on March 6, 2015

reports has it that the 58 million litres of fuel promised by the Nigerian National Petroleum Corporation, NNPC, have been released to major marketers. Confirming the development, Mr. Taofeek Lawal, Head Corporate Affairs of NIPCO Plc said that they have started dispensing the product .

However, most of the filling stations visited by our correspondents were closed to customers, while few that opened were besieged by motorists who formed long queues to get the product. Conoil, MRS, Total, Acorn and Oando stations at Alapere area of Lagos were closed, while Oando and Conoil station at Marina, Lagos, were open with long queues of buyers, which resulted in the traffic snarl that engulfed the area. At Mobil and Forte stations on Moloney Street, Lagos Island, there was also traffic jam, as motorists struggled to get fuel.

Motorists claimed that they bought a litre of petrol at N100, as against the approved pump price of N87.The situation has created an opportunity for “black market” to thrive as fuel hawkers make brisk business. it was gathered that in such areas Ogba and Agege, two litres of fuel sold for N250.


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