The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has appealed to Nigerians to avoid panic buying of petrol as queues mount at ...
“The marketers will only sell what they buy. He said the Major Oil Marketers Association of Nigeria (MOMAN) and Nigeria National Petroleum Company (NNPC) had confirmed the level of fuel stock. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has appealed to Nigerians to avoid panic buying of petrol as queues mount at filling stations in Lagos.
Petrol scarcity hit different parts of Nigeria on Tuesday, forcing motorists to spend hours at filling stations while battling to get the product.
on the level of fuel stock and confirmed that they had sufficient stock. “l spoke with the MOMAN’S Executive Secretary this morning and he told me they have sufficient stock. We are totally against the increase because it will affect our profit margins and the masses. I believe the fuel scarcity is more or less artificial, instead of all these flooding reasons being given as excuses.” They, however, said they were expecting to get the supply before the end of yesterday (Tuesday). Many motorists were forced to patronise them as the unpalatable alternative was to wait for hours in filling stations. Whenever we are approaching the end of the year, we mostly witness fuel scarcity.” The attendants declined to speak with our correspondent. By the time you come tomorrow, they might sell at N190.” Let them bring in vessels,” he said. This one is out of the blue. This is a normal thing.
Petrol scarcity resurfaced in Lagos yesterday, creating long queues of vehicles scrambling for the products at filling stations in many locations in the state.
“I think there is a shortfall in the sufficiency they have in stock because some of the mother vessels they are expecting are just arriving. “But the truth is that there is scarcity, there is crisis in the system, there is no fuel. If you say you have enough stock and it’s on the high seas, we need it to be in our tanks for us to be able to distribute it. I don’t know what is happening but we are on top of the situation,” he said. So if that’s the case in other people, that means the product is not enough in the system. Executive Director, Downstream of the NNPC, Mr. “l spoke with the MOMAN’s Executive Secretary this morning and he told me they have sufficient stock. From now till tomorrow the situation will be back to normal. Adetunji Oyebanji, told THISDAY that it seemed there was not enough petrol supply in the system. Oyebanji said: “On Friday, I had little quantity in my tanks and heard others waiting NNPC to deliver. So the right place to get the actual response is to go to the suppliers, which is PPMC. So other marketers have to go and queue to get allocations.
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Many motorists, both private and commercial operators, in Lagos, Nigeria's commercial capital, have decried the fuel shortage across the state which has ...
Some private depots that have products deliberately refuse to sell for reasons best known to them," he said. The fuel scarcity has been further worsened by the poor electricity supply in some parts of the state since last week. Daily Trust checks across major filling stations in the state revealed unusually long queues at major filling stations on Lagos Island and Mainland dispensing fuel.
Following emergence of queues at petrol stations in parts of Lagos, petroleum marketers have attributed the increase in the pump price of Premium Motor.
“We are equally calling on the management of the Nigerian National Petroleum Company Ltd. According to him, none of the Nigerian National Petroleum Company Ltd. “You can say that so many routes have been opened leading to massive haulage of petroleum products in other parts of the country.