Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,478 members, 7,816,123 topics. Date: Friday, 03 May 2024 at 05:55 AM

Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos (13561 Views)

Anger Persists In Rivers As Wike Reviews Next Action / IPMAN Strike: Imo Residents Groan As Fuel Sells For ₦500 Per Litre / Tariff Hike: Electricity Meter Scarcity Persists Two Days To Policy Take-Off (2) (3) (4)

(1) (2) (3) (4) (Reply) (Go Down)

Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by dre11(m): 7:18am On Feb 14, 2022
• Marketers still struggling to return adulterated petrol to NNPC

Okechukwu Nnodim and Tunde Oyekola
Residents of Abuja and neighbouring states of Niger and Nasarawa are still facing tough times sourcing for Premium Motor Spirit, popularly called petrol, with the commodity selling for as high as N400/litre by black marketers.

The development came almost one week after the import of millions of dirty PMS from Europe into Nigeria disrupted the fuel supply system of the country, leading to long queues nationwide.

The Nigerian National Petroleum Company Limited has ordered the recall of the contaminated fuel but oil marketers have been battling various challenges, ranging from PMS supply shortage to complaints by consumers who claimed the bad product has damaged their vehicles.

However, finding show on Sunday that black marketers who sell petrol in jerry-cans are now the easily accessible suppliers of PMS in Abuja and neighbouring states.

A significant percentage of filling stations in Nigeria’s capital city do not currently have petrol to dispense.

Oil marketers told our correspondent that a few other outlets that had products were still trying to return the adulterated petrol supplied to them since last week.

This, they said, had prevented the affected stations from taking in uncontaminated products, as they currently lacked space to store new consignments.

Heavy queues greeted the limited number of filling stations that dispensed petrol on Sunday. Motorists spent several hours under the scorchy sun waiting to be served petrol.

The NNPC filling station on Arab Road in Kubwa, Abuja had hundreds of motorists who formed long queues that blocked the road and caused severe traffic in the area.

The Nipco filling station on the Kubwa end of the Abuja-Zuba Expressway also had a large number of PMS seekers. In Zuba, Niger State, it was observed that several outlets were closed.

Our correspondent also gathered that many filling stations in Nyanya, Mararaba in Nasarawa State were closed on Sunday.

This led to a worrisome level of scarcity in Abuja, Nasarawa and Niger, a situation that had kept dragging for weeks, even before the advent of the contaminated fuel imports.

The scarcity of petrol in filling stations created a business for black marketers, as they surfaced on major roads in Abuja displaying and selling their wares.

While some of them priced their petrol for as high as N6,000 for a 10-litre jerry-can, others sold theirs at N4,000 for 10 litres of PMS, translating to N400/litre.

The high cost of petrol by black marketers forced motorists to stay in lengthy queues, while those who could not wait in the queues had to part with the costly sum for petrol.

Providing an explanation as to why many filling stations were still not selling petrol, the National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Chief Ukadike Chinedu, said some retailers who purchased the adulterated products were still struggling to return them.

He explained that the contaminated products were still occupying spaces in the underground tanks of the affected filling stations, adding that this had prevented the outlets from accessing new stocks.

“Where will you discharge your new stock when your underground tanks still have contaminated products that have not been returned? Many of those who bought the contaminated products are still struggling to have them returned to NNPC,” the marketer stated.

He added, “I told you that a marketer currently has about 100,000 litres still in his tanks underground and as we speak, it will take him close to N700,000 to evacuate it. And not just that, the product is occupying space.”

Ukadike had earlier called on the government to provide a clear directive on how marketers would return the contaminated products, as this would create space for new uncontaminated stock.

“We also want the government to come out with clear cut directives and procedures on how products that are contaminated should be returned,” the IPMAN official had stated.

He added, “Some marketers are still having the contaminated products in their stations and are not selling because of this. The products have not been returned yet due to lack of clear cut directives on how it should be returned.

“Also, you need documents to enable you to move the tankers from your filling station back to the place where the product is to be returned because if the police get you without the necessary accompanying documents, they will say you are involved in bunkering.”


NNPC calls for patience, says normalcy’ll return soon

When contacted on Sunday on what the NNPC was doing as regards the severe scarcity, the spokesperson of the oil firm, Garba-Deen Muhammad, called for patience.

He said, “Every possible measure that is to be taken is being taken. Our top management and other staff are (working) round the clock to ensure the return to normalcy. Be patient. The queues will abate very soon.”

Muhammad had told our correspondent that a technical committee had been set up to look into the recall of the contaminated products and how it would be managed.

He said, “The first thing is to ensure that it is recalled and not in circulation. There are various ways of handling this kind of product, we will leave that to the technical committee that has been set up.

“This committee is drawn from MOMAN, DAPPMAN, downstream regulator, NNPC, and all stakeholders. They all have technical people and know the best way to handle this kind of product.”

The imports of adulterated petrol into Nigeria had triggered widespread concerns among government officials and players in the downstream oil sector, as it resulted in PMS scarcity across the country.


NSCDC boss warns petrol stations against hoarding

As the scarcity of fuel bites harder in parts of the country, the Nigeria Security and Civil Defence Corps has warned oil marketers not to exploit the situation to cause artificial scarcity of fuel in the country.

The Kwara State Commandant, NSCDC, Makinde Iskil, who gave the warning during an assessment of petrol stations in Ilorin, the state capital, on Sunday, also warned dealers not to use the opportunity to hike the price.

Makinde said the corps would not hesitate to seal any erring filling station and prosecute the owners if found to be involved in any of the criminal activities.

Represented by the Head, Kwara State NSCDC Anti Vandal Unit, Yusuf Ayinde, the commandant read the riot act to stations who reportedly refuse to sell PMS or were selling the product above the recommended pump price of N165.

“Based on intelligence reports made available to us, some filling stations have been alleged of selling PMS as high as N175 and N250 per litre which is above the recommended pump price of N165 per litre and that is why the commandant ordered the on the spot assessment of the situation at some stations.

The spokesman for NSCDC in the state, Babawale Afolabi, disclosed in a statement that “some petrol stations were caught selling fuel over the approved price; they were ordered to revert to normal price.”

Afolabi said some of the filling stations visited by the team included the NNPC filling station at Surulere area, Topland and Demo filling stations at Amilegbe, Total Comfort Oilfield at Ita Amon, among others in the Ilorin metropolis. He said that the exercise would continue on Monday.
https://punchng.com/fuel-sells-for-n400-litre-in-abuja-others-scarcity-persists-in-lagos/

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by DAntivirus: 7:19am On Feb 14, 2022
It's been a while...

Let me use this opportunity to share a message...

God is good and His mercies endures forever. God is able to do all things if only we believe.

Have faith and trust in God and he will bring all your desires to fulfilment.

God bless you!

7 Likes

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Nbotee(m): 7:46am On Feb 14, 2022
secandv:
Wow Nigerians are very calm people nobody is even complaining, everyone is suffering and shutting up.

This is a well orchestrated move by the govt. The funny thing is they have been importing the methanol laced petrol looong before now. Imagine if dis whole thing had been a report with Diezani's name on it.. Suffer no dey tire Nigerians. We seem to be in luv with our oppressors

88 Likes 5 Shares

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by DrGoodman: 7:48am On Feb 14, 2022
This was planned.

11 Likes

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Jamiubond009(m): 7:49am On Feb 14, 2022
grin
Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Cchuks27(m): 7:49am On Feb 14, 2022
You're just an alarmist and scaremonger. Anywhere in the world, black market prices have always been exorbitant. If you're patient enough, you can queue up and buy fuel at the normal rate at any fueling station in the Abuja metropolis.

12 Likes

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Brendaniel: 7:50am On Feb 14, 2022
So that was their plan all along....

6 Likes 1 Share

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by empressSkincare(f): 7:50am On Feb 14, 2022
Ha!
Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Nobody: 7:50am On Feb 14, 2022
- Fuel at 400(blackmarket)... it does not trigger us
- Forex at 575... it does not trigger us
- 33m unemployed youth ... it does trigger us
- 10m out of school children... it does not trigger us
- $39bn in debt... it does trigger is
- Banditry & kidnapping critical.. it does not trigger us
- 17% inflation rate... it does not trigger us
- Terrorism in critical state... it does not trigger us
- world poverty capital... it does not trigger us
- 100m below poverty line... it does not trigger us
- 27m Nigerians thrown in poverty in 2021 (ADB).. still does not trigger Nigerians.

What level of "Low" would trigger Nigerians to believe they are humans deserving of better living conditions?

76 Likes 10 Shares

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by hysteresis: 7:50am On Feb 14, 2022
Dvb
Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Iruobean(m): 7:50am On Feb 14, 2022
grin
Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by brainpulse: 7:50am On Feb 14, 2022
The marketers are the devils reaping in.

Since they thought the Government will remove the subsidy, a lot took huge loan to desperately buy different fuel in large quantity, but were disappointed since it didn't happened, they had to get their money back at all cost hence planned all this issue to increase the price.

4 Likes 1 Share

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by PrinceOfLagos: 7:50am On Feb 14, 2022
It is all man for himself in this APC government

1 Like

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by elantraceey(f): 7:51am On Feb 14, 2022
A well played move to finally remove scamcidy without pressure.

11 Likes 1 Share

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by FarmWay(m): 7:51am On Feb 14, 2022
Tell Tinubu and his arrogant promoters that the person (GMB) they are planning to step in his shoes is not liked by the masses anymore....






















Go and read my comment again

3 Likes

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by robinfemi: 7:51am On Feb 14, 2022
All na scam. I tire for naija
Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by WowSweetGuy(m): 7:51am On Feb 14, 2022
Who is Nigeria minister of Petroleum? Haven't heard his name called out in this saga

16 Likes 1 Share

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by PresidentAtiku(m): 7:51am On Feb 14, 2022
G
Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by WibusJaga: 7:51am On Feb 14, 2022


Hope this is not wayo means to bring in fuel subsidy removal thru the back door. I no trust dis people again.

12 Likes

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Hero2t: 7:51am On Feb 14, 2022
This is beginning to look like a price increase test run.

5 Likes 1 Share

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by BigBelleControl(m): 7:51am On Feb 14, 2022
As this government's tenure gradually grinds to a halt, many of these things will continue to happen. By May this year, these people would have forgotten about governance and politicking will be in full force.

Buhari Count down: 469 days left.

6 Likes 1 Share

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Investorozay: 7:51am On Feb 14, 2022
nothin new
buhari just wants to sign out in style

2 Likes 1 Share

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Lastmankc(m): 7:51am On Feb 14, 2022
Nigeria is an animal kingdom.But,I pity person wey go be the president after the lifeless cow must have left.

2 Likes

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Goldbw122(m): 7:51am On Feb 14, 2022
That means it will be implemented in other fuel stations.. is like they want to recover the money they want to use in cleaning the fuel.. may be or they want to loot may be
Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by RandyOku: 7:52am On Feb 14, 2022
They finally succeeded via this there cunning display lastweek...

If you don't want to buy at 2000 per litre,

AVOID ANYONE you can see in the picture below

4 Likes

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by bibianna(f): 7:52am On Feb 14, 2022
Why is Federal Government still sleeping on this matter?
Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Michaelbjune(m): 7:52am On Feb 14, 2022
no problem we go still buy am

there's no time to check time 7:52
Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Nobody: 7:53am On Feb 14, 2022
Well, all.this is happening because in 1993 Nigeria chose cheap fuel over sensible economics

Had aubsidy gone in 1993 when the Baroness suggested it to us, by now we would have been free of adukterated fuel and fuel lines

Instead, we chose cheap fuel. Well we are.enjoying cheap fuel. We paid for it, we got it.

Subsidy must go

2 Likes

Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by Agricmoney(m): 7:53am On Feb 14, 2022
hmmm



Anyway, Agriculture is life.
Re: Fuel Sells For N400/litre In Abuja, Others, Scarcity Persists In Lagos by RichDad1(m): 7:53am On Feb 14, 2022
This is so irresponsible of this government.
Up till now, no one has been held responsible for this economic sabotage from the NNPC and its cohorts.
This country is wild

(1) (2) (3) (4) (Reply)

Terrorists Kill Over 72 In Borno, Katsina In 72 Hours / CPC's Statement On The Killing Of Uniport Students / Female Officers Join Rally For Jonathan In Abuja

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 34
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.