Nigerians’ll Stone Govs Soon, When Petrol, Diesel Sells For N300, N1000 Per Litre Respectively – Primate Ayodele

Fuel Scarcity: Factors Behind Petrol Scarcity Revealed

by Victor Ndubuisi
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Commuters and motorists have expressed their dissatisfaction with the current Fuel shortage in the country.

Residents in Abuja said they had to get up as early as 4 a.m. to acquire petrol, while others claimed that some filling stations only sold at night.

Mallam Umar Ibrahim, a cab driver, said he waited more than four hours at the gas station.

Mr Andy Onyia, a bus driver, stated that the rise in bus fares was due to an increase in fuel pump prices, claiming that they now buy petrol for between N200 and N210 per litre.

Members of IPMAN Have Been Directed To Sell Petrol at N170 Per Litre

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Some Premium Motor Spirit (PMS), often known as gasoline, cargoes that were paid for by members of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) in December are yet to arrive.

The association has refused to sell to members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) since their stock is insufficient for outsiders, according to a member who spoke on the condition of anonymity to NAN.

“We’re selling what the NNPC has given us. We’re getting ready to load. The problem is that some of the fuel we’re loading today was purchased in December. It was financed with a bank loan.

“There was a projection in the bank loan. The projection was that you are to receive the product by the middle of January and pay back in January.

“So, who pays for the interest between when we were supposed to have paid back and today?”

LATEST: IPMAN Denies Embarking On Strike

Another source also stated the reason they were not selling to IPMAN, the source said: “It makes sense if I have 100 stations to concentrate on my stations rather than selling to any other person.

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” If I don’t sell to them (IPMAN) and they want to blackmail me, they can say anything. I will not load and be selling to IPMAN and leave my stations dry.”

“If you see any private station selling above N165 let me know. I will tell you it is not a DAPPMAN station.

“There is no DAPPMAN station that is selling above N165/litre. So, anybody who is claiming we are selling above ex-depot, we are simply concentrating on our own stations.

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“But the point is that if you can drive into any petrol station between 15 minutes and buy your fuel, will you go and patronise jerry cans outside?

Why There’s Petrol Price Increase In the South East – IPMAN

“The bottom line is NNPC should bring the product in and all these queues and allegations will disappear.”

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