NIGERIANS may need to brace up for more
hard times, as indications emerged
yesterday that fuel scarcity may persist till
June, after the incoming administration
may have been sworn in on May 29,2015.
The Guardian’s investigation revealed that
the scarcity of the Premium Motor Spirit
(PMS) otherwise known as petrol may
continue till after the official take-over by
the Buhari led administration, as marketers
are wary of further importation for the
fear of the unknown.
Although, the Federal Government recently
paid the marketers about N154 billion as
part of the subsidy claims, reliable industry
sources told The Guardian yesterday that
the marketers are now shying away from
importing products due to uncertainties
surrounding the payment of their
outstanding N200 billion.
Meanwhile,the Federal Government
yesterday disclosed its plans to conduct the
first comprehensive survey to determine
actual volume of crude oil, gas, among other
petroleum products produced, consumed or
exported out of the country.
Statistician-General of the Federation, Dr.
Yemi Kale stated this in Abuja yesterday
during a one-day stakeholders meeting of
survey on gas and petroleum product
demand, supply and utilization.
Kale noted that the study scheduled to
involve administering of questionnaires is to
be supervised by enumerators from the
National Bureau of Statistics(NBS).The scope
of the study will cover 2012-2014.
The source confirmed that most marketers
were only selling products that they could
easily manage and not allow a situation
where they will go into liquidation in case the
unexpected happens.
“We have been paid partially, but everybody
is suspicious of what will happen to the
outstanding balance owed marketers and
what happens after May 29. Nobody is
importing now against June, because no one
is sure of what is going to happen next,” he
stated.
He added that traders are making offers
offshore Lagos, but the marketers are
resisting the offer and those traders are
going back with their vessels.
“There are so many vessels laden with fuel
at Nigeria’s border line, but the marketers
are not buying, there is nothing the traders
can do than to go back with their products,”
the source said.

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