Lamentations in Abuja as petrol sells for N600 per litre — report - AMEBO ONLINE NEWSPAPER

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Lamentations in Abuja as petrol sells for N600 per litre — report

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Commuters and motorists are lamenting as the scarcity of petrol bites harder across the country, Daily Trust reports.

Findings reveal that a litre is sold for as high as N600 at the parallel or ‘black’ market in Abuja instead of between N162 and N165.

In Kano, Lagos and Port Harcourt, it costs between N250 and N400 even as many passengers were stranded as commercial transporters increased fares by up to 150 per cent.

Queues have continued to grow as some petroleum marketers admitted scanty loading of the product from depots. 

Commuters in Abuja were stranded and expressed dismay during interviews with our reporters on Tuesday. They asked NNPC and other stakeholders to tell Nigerians the real problem.

Black marketers who sold the product in jerry-cans remained the easily accessible suppliers. They sold at between N500/litre and N600/litre, depending on location and the customer’s bargaining power. 

It was observed that most filling stations along Kubwa, Berger, Wuse and other satellite areas of the Federal Capital Territory (FCT) were not dispensing the product to motorists.

From Kubwa in Abuja to Zuba in Niger and Mararaba in Nasarawa, among other locations, hundreds of commuters were seen stranded at bus stops while others trekked.

Meanwhile, the NNPC has urged Nigerians to keep their cool and not resort to panic buying.

Queues at filling stations got worse since last week when the news of adulterated fuel spread across the nation.

It was learnt that about 100 million litres of adulterated Premium Motor Spirit (PMS) was reportedly supplied to Nigeria, a development that prompted President Muhammadu Buhari to order for a probe. 

The Chief Executive Officer/Group Managing Director of NNPC Ltd, Mallam Mele Kyari, had confirmed last week that NNPC could restore sanity in the supply and distribution chain but this has remained elusive. 

The Statistician-General of the Federation, Dr Simon Harry, said on Tuesday that the fuel crisis in the country could affect the inflation figure of February if not tamed.

Via Daily Trust 

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