There are indications that the current fuel scarcity may not abate unless the Federal Government pays the outstanding N200m reportedly being owed the oil marketers as subsidy claims.

The oil marketers, who confirmed to our correspondent that they had stopped importation, said they could not continue with fuel importation as result of inadequate funds.

They spoke through the Executive Secretary, Major Oil Marketers Association of Nigeria, Mr. Obafemi Olawore.

Olawore, along with the Nigeria Union of Petroleum and Natural Gas Workers, also denied the report that they were on strike.

He said they were still waiting for the Federal Government to call them to another roundtable on how to pay the N200bn fuel subsidy owed them.

Olawore said, “We are not on strike. People are just painting us the way they want. We are not importing because we don’t have the money to buy the products. The government has not invited us. The only thing we have heard is the resolution of the Senate on Thursday and I think that they are going to invite us soon.”

Out of N356.2bn subsidy the government reportedly owed oil marketers, the Ministry of Finance paid the sum of N156bn about two weeks ago.

With about five days to the handover of power to a new administration at the federal level, tanker drivers in the country have also stopped lifting fuel from the depots, leaving many filling stations without the product and others selling at exorbitant prices.

The General Secretary, NUPENG, Mr. Isaac Aberare, said tankers drivers would start lifting the product as soon as they received the directive to do so, insisting that they were not strike.

He said, “If there are products in the depots, we will go there and load. Remember that the Lagos State Government gave tankers drivers 48 hours to leave the road instead of clogging the whole road and making navigation difficult; we have complied with that instruction. Any time there are products, we will go and load.”

In its response to the lingering fuel scarcity in the country, the Senate on Thursday directed its Committee on Petroleum Resources (upstream and downstream) to commence a full investigation into the causes of the persistent fuel crisis.

The directive was made following a motion by the Deputy Senate Majority Leader, Senator Abdul Ningi.

Ningi said, “We need to know whether fuel scarcity has come to stay. We need to know whether it has become part of our lives. We need to plan.

“By planning and talking about it, we are now sensitising Nigerians to brace for the impending issue of fuel scarcity whether it is going to be here permanently or it is temporary.”

Source: http://www.punchng.com/business/we-have-no-money-to-import-fuel-marketers/

I am ready to buy fuel initially at 150 naira per liter for this subsidy to go far, far away.

Infact, up it to 180 per liter with no scarcity ever again in the history of the country and I'll pay. At least we could still be productive and ration things out.

With subsidy removed though, I don't even think prices will get that high.

Bottom line, remove subsidy NOW!!

No more this person is owing that to this person, nmba, no!

Just import the fuel and we will pay full price untill the refineries start working abeg, too much shakara, mtcheww!

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Nigeria has oil but, Nigeria is importing oil & we are here celebratiing our past and present leaders. None of these leader's worths living as far as I'm concern, those people have rendered dis con3 useless..

I bought 30ltrs of fuel yestaday for 13k!!!!!!!! Na thunder go fire Jonathan n his crew in Jesus name!!!!!!!!!

buzquet:
I bought 30ltrs of fuel yestaday for 13k!!!!!!!! Na thunder go fire Jonathan n his crew in Jesus name!!!!!!!!!

I bet you are one of those that protested against subsidy removal.

Thunder fire your mouth there.

Sunnybobo3:

I bet you are one of those that protested against subsidy removal.
Thunder fire your mouth there.

GEJ still the best presickdent

Oya import

Those leaders responsible for the hardship of the common man directly and indirectly, deliberately or otherwise same shall be their portion to the fourth generation

Yes. Nigerians should rise in unison against these scammers called MARKETERS. If there are not importing why are independent marketers selling fuel. Where are they lifting fuel? Most Major marketer has got fuel to sell in the past three weeks. Even some Majors are selling fuel at N300/Litre. This is fraud and you still want to be paid subsidy. Their Licences should be withdrawn and the general public should rise against them. Enough is Enough. Outlets of Forte Oil/MRS/Mobil/ sell fuel at N250/Litre. Fuel is available in their fuel tanks and some of them refuse to sell.

And the pot bellied, frog eyed, bald headed, ogogoro drinking individuals who had the chance to alleviate and avert these problems would be somewhere in uk enjoying life with our stolen money. While the average Nigerian man will be languishing in a hell hole they created.

Its alright

buzquet:
I bought 30ltrs of fuel yestaday for 13k!!!!!!!! Na thunder go fire Jonathan n his crew in Jesus name!!!!!!!!!

So you think God will answer that because He is your errand boy and He does not have more important prayers to attend to abi?This is the kind of prayer that God will give a 'back to sender reply' because He does not attend to this kind of prayer.

Nigeria's outgoing presidents and their parting gifts.
Such sore losers.

They should just remove the subsidy

Bull shiit, what refinery? Can we sit down and repair our refineries? Una just dey find where una go see money chop and in the process u are suffering the masses
Our own greed will kill us if we don't put our refineries in place, u don hear Saudi complain of fuel scarcity? Why are we our own worst enemy

So why were people protesting back in 2012? Their eyes finally 'open' to the truth?

We now see for a fact that this subsidy may hold the fort for the short term but is definitely not sustainable long term.

We need working refineries in-country.

Isn't it insane that Nigeria cannot refine its crude oil after decades of discovery? This is madness.

Weren't past administrations paying subsidy? why is it an issue with this present government?

Fuel na 115-125n per litre....no fuel scarcity for people wey get money

Come take money na. Mtchewwwww

NoMoreTrolling:
I am ready to buy fuel initially at 150 naira per liter for this subsidy to go far, far away.

Infact, up it to 180 per liter with no scarcity ever again in the history of the country and I'll pay. At least we could still be productive and ration things out.

With subsidy removed though, I don't even think prices will get that high.

Bottom line, remove subsidy NOW!!

No more this person is owing that to this person, nmba, no!

Just import the fuel and we will pay full price untill the refineries start working abeg, too much shakara, mtcheww!

oga jona watin we do u we vote u out becos u no fit rule us with ur clubless brian,help us settle with this marketer make they bring feul 4 us b/4 u live office

Nigeria has gotta be in its worst state now. Everything and everywhere is shutting down. No fuel, no electricity, and no salaries in most states.
Jonathan has decided to wage economic war instead of Violence.

Truth is bitter, remove the subsidy and regulate the price after agreeing on the exchange rate to use.

Sunnybobo3:


I bet you are one of those that protested against subsidy removal.

Thunder fire your mouth there.

I remember vividly, u r d one beside me dacing azonto den during subsidy removal protest at ojota!

Pls tell me whr Jonathan kept d moni? D partial subsidy removal money since 2012

Don't worry this fuel scarcity 'ish' will be over in the next one week.

In Shaa Allah.

This is the worst Nigeria has ever withnessed no fuel, no power supply, no kerosene, no food how will man survive? only God can help us.

This may last over the next three weeks or thereabout. GEJs administration is not willing to pay the marketers, I also doubt if Buhari will be in a hurry to pay them either.
Also, at current exchange rate of 197 naira to the dollar, a liter of petrol will cost nothing less than 200 naira if subsidy if removed.
Enjoy your fuel scarcity folks.

The thunder that will strike you is still dressing up for press-up.Have you forgotten Jan 1 very soon? Ihave have no doubt you are one of those fools that protested against subsidy removal then

buzquet:
I bought 30ltrs of fuel yestaday for 13k!!!!!!!! Na thunder go fire Jonathan n his crew in Jesus name!!!!!!!!!

Lol...........no money kee....if i hear.