Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,738 members, 7,817,030 topics. Date: Friday, 03 May 2024 at 11:56 PM

Fuel Queues Return To Abuja, Others As Supply Dips - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fuel Queues Return To Abuja, Others As Supply Dips (11046 Views)

Petrol: Marketers Fault Subsidy Removal Process As Queues Return / Petrol Price Jumps To ₦‎350/ltr As Queues Return / Marketers Ask Nigerians To Stop Panic Buying As Fuel Queues Return (2) (3) (4)

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

Fuel Queues Return To Abuja, Others As Supply Dips by adenigga(m): 3:28am On Mar 06, 2023
The scarcity of Premium Motor Spirit, popularly called petrol, has again returned to Abuja, Nasarawa, Niger, Kaduna and other states, causing massive queues at the few filling stations that dispensed the product in the affected areas.

In providing an explanation for the resurgent fuel scarcity, oil marketers said the commodity had been difficult to access, and that many of their trucks had been in queues at depots since October last year.

But the Nigerian National Petroleum Company Limited blamed the massive queues on restrictions in businesses and movement, to allow for the conduct of the presidential and National Assembly elections.

Our correspondent observed that the queues in Abuja and neighbouring states started building up since last Friday.


It became alarming on Sunday, as many filling stations, both those belonging to independent and major marketers, ran out of products to dispense.

From Zuba in Niger State, to Mararaba in Nasarawa State, as well as in the Federal Capital Territory, most retailers of petrol did not dispense the commodity. They locked up their stations, a development that piled pressure on the few outlets that sold PMS on Sunday.

At the Salbas, Nipco and NNPCL mega stations on the Kubwa-Zuba Expressway, for instance, motorists formed queues that stretched several kilometres while waiting to buy petrol.

Oil marketers said they were currently finding it tough to get products to dispense, which was why private depots were selling above the approved price stipulated by the government.

“The question now is, are there even products? Are marketers seeing the products to buy, before talking about dispensing it to consumers? The truth is that we are not seeing the product,” the President, Petroleum Retail Outlet Owners Association of Nigeria, Billy Gillis-Harry, told our correspondent.

He added, “Some of us who paid for products since October, have not been able to load till now, and the cost around this is increasing every day. So by the time they load it, you can imagine the cost burden on the marketers.”


When told that the NNPCL recently announced that it had enough products to keep the country wet till March 2023, Gillis-Harry replied, “Has NNPCL ever told you that it doesn’t have enough products?”

2.1bn litres in stock

Amid the scarcity and widespread queues, the NNPCL announced on Sunday that it had 2.1 billion litres of PMS, adding that it had enough product to keep the country wet for 47 days.

“Latest updates released on Saturday show a total of 2.1 billion litres of PMS stock, representing 0.9 billion litres in all the land depots nationwide and 1.2 billion litres on marine vessels, which is equivalent to 35 days sufficiency as of March 4, 2023.

‘We plan to close the month of March 2023 with about 2.8 billion litres, which is equivalent to 47 days of sufficiency,” the Chief Corporate Communications Officer, NNPCL, Garba-Deen Muhammad, said in a statement issued in Abuja.

He said the appearance of queues in Abuja and some parts of the country “is largely due to restrictions in businesses and movement, to allow for the conduct of the presidential and NASS elections and enable Nigerians to exercise their civic right.”

Muhammad, however, stated that operations had now resumed at the depots and trucks were being dispatched to various parts of the country, adding that “we expect normalcy to be restored in the next few days.”

He said NNPC Ltd and all its partners and stakeholders would continue to work together to ensure seamless distribution of petroleum products around the gubernatorial and state Assembly elections.

“We, therefore, enjoin Nigerians not to engage in panic buying,” the oil company’s spokesperson stated.

Source: https://punchng.com/Fuel-queues-return-to-Abuja-others-as-supply-dips

2 Likes 1 Share

Re: Fuel Queues Return To Abuja, Others As Supply Dips by PoliteActivist: 3:53am On Mar 06, 2023
Must they always write Premium Motor Spirit??
Nigerian press and pretentiousness.
And they must all write it like mumu!
Just like when there is a rape they must put "randy" somewhere!

23 Likes 1 Share

Re: Fuel Queues Return To Abuja, Others As Supply Dips by royalamour(m): 3:57am On Mar 06, 2023
Only very few, let's say less than 11 persons are holding the whole country to ransom because of their endless greed.
The kind of suffering they are inflicting on Nigerians without remorse is too much.

In no nonsense country like China, they ought to be dragged into the open and hanged by the balls or shot in the heads at close range.

This is totally uncalled for.

I remember when this same Buhari, Oshimhole, Tinubu, Dino, Oyegun, Lauretta Onochie and many others took to the streets to occupy Nigeria in 2015. These same people are turning blind eyes to our suffering and they want APC to continue?

APC is truly a curse to Nigeria and Nigerians.

Nigeria have unarguably since 2016 maintained the no. 1 spot as poverty capital of the world, courtesy of the APC.
Enough is enough.

Vote out all APC aspirants on Saturday.

6 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by adenigga(m): 4:09am On Mar 06, 2023
PoliteActivist:
Which one be Premium Motor Spirit??
Nigerian press and pretentiousness.
And they must all write it like mumu!
Just like when there is a rape they must put "randy" somewhere!
Bros! Consult your dictionary!
That's original name for what is called petrol.
I hope you're above indomie generation grin grin

23 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Nobody: 4:12am On Mar 06, 2023
PoliteActivist:
Which one be Premium Motor Spirit??
Nigerian press and pretentiousness.
And they must all write it like mumu!
Just like when there is a rape they must put "randy" somewhere!

AKA Gasoline, AKA Petrol

DPK : Dual purpose kerosene...or just plain kerosene

AGO : Automotive Gas oil...or just plain diesel

JET A1: Aviation fuel

28 Likes 2 Shares

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Nobody: 4:13am On Mar 06, 2023
adenigga:

Bros! Consult your dictionary!
That's original name for what is called petrol.
I hope you're above indomie generation grin grin

No, even Indomie generation will know this one na... grin

And if they do not know, there is always Meister Google and his colleagues.

(Not like in the good old days, when I had to trek for an hour in the blazing sun to the nearest library to look up the words in the only ancient dictionary the library had...my legs ache with the memories...)

9 Likes 2 Shares

Re: Fuel Queues Return To Abuja, Others As Supply Dips by PoliteActivist: 4:17am On Mar 06, 2023
adenigga:

Bros! Consult your dictionary!
That's original name for what is called petrol.
I hope you're above indomie generation grin grin
Kobonaire4

Don't we all know what is petrol or gasoline??
They must ALL write "Premium Motor Spirit, popularly called petrol"
And only Naija press does this! Same with "randy"!
Example, see a similar story abroad:

3 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Nobody: 4:21am On Mar 06, 2023
The honest reason for the queues is subsidy in place.

Because of the price controls inherent in subsidy, profits cannot be made for things like refineries, pipes, even new trucks and new boats, and so on. Matters are made worse by the fact that we don't have enough ports, and then subsidy cannot pay for transport costs.

The solution is to remove subsidy, and the profits will pay for everything. Yes, prices will increase, and yes, my fuel cost would eat half my salary if not more, but at the end, we get better refineries and crucially a better supply system...without needing to spend taxpayer money anymore.

P.S : For anyone willing to come and quote me to weep and cry and complain, read the below articles. It will answer all your questions on subsidies and why they should be removed.

1. Reflections on the fuel subsidy regime

2. Fuel subsidies in Nigeria , bad for economy, but lifeblood of politicians

3.Ending fuel subsidies in Nigeria can supercharge supply chains. (BERRY IMPORTANT...WILL BE ON THE TEST).


PS.2 : READ THE ARTICLES ABOVE. I have helpfully posted the links.
Re: Fuel Queues Return To Abuja, Others As Supply Dips by PoliteActivist: 4:40am On Mar 06, 2023
Kobonaire4:
The honest reason for the queues is subsidy in place.

But how do you refute the one argument for subsidy - it is the only thing that will also benefit the common man.
It is the midway between free fuel (free transportation) and market prices. If you remove subsidy how do you subsidize cost of transportation for the common man?

1 Like

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Nobody: 5:14am On Mar 06, 2023
PoliteActivist:


But how do you refute the one argument for subsidy - it is the only thing that will also benefit the common man.
It is the midway between free fuel (free transportation) and market prices. If you remove subsidy how do you subsidize cost of transportation for the common man?

Read the articles i posted. Especially no 2.
Re: Fuel Queues Return To Abuja, Others As Supply Dips by PoliteActivist: 5:30am On Mar 06, 2023
Kobonaire4:


Read the articles i posted. Especially no 2.

I read it. See their solution below
You think this is possible in Nigeria??
Someone paying N100 for Keke to suddenly be paying N600 and you are telling him you are punishing the rich and benefiting him!

2 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by MANNABBQGRILLS: 5:54am On Mar 06, 2023
But the Nigerian National Petroleum Company Limited blamed the massive queues on restrictions in businesses and movement, to allow for the conduct of the presidential and National Assembly elections.
Something should be done fast to curtail this long overdue queue.
Peace for all Nigerians is all we all want at [/color].

God bless [color=#006600]Nigeria
.

2 Likes 3 Shares

Re: Fuel Queues Return To Abuja, Others As Supply Dips by ZINNYBANKS: 5:54am On Mar 06, 2023
People no day sleep o issorite .. cool
Re: Fuel Queues Return To Abuja, Others As Supply Dips by nairalee(m): 5:54am On Mar 06, 2023
if nigeria was a movie even the viewers would say this is too unrealistic for even a make believe movie

3 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by b0rn2fuck(m): 5:56am On Mar 06, 2023
God go don off TV he is looking Nigerians from, he must have been tired of our shits

4 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by ipobarecriminals: 5:56am On Mar 06, 2023
sad
Re: Fuel Queues Return To Abuja, Others As Supply Dips by MANNABBQGRILLS: 5:57am On Mar 06, 2023
b0rn2fuck:
God go don off TV he is looking Nigerians from, he must have been tired of our shits
Na wa o.
People dey oo

3 Likes 4 Shares

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Obyangel: 5:58am On Mar 06, 2023
APC government on the beat, all of us go enjoy it wotoriously.

1 Like 1 Share

Re: Fuel Queues Return To Abuja, Others As Supply Dips by adecz: 5:58am On Mar 06, 2023
Buhari creates problems and has
no idea on how to solve anything.


All they do is to promise to solve the
problem & ask for patience, shikena❗️❗️


Nonsense Party, which the SW has
foolishly voted back to power.


Tinubu will give MC Oluomó Minister
for Transport😎😎😎

2 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by michlins(m): 6:01am On Mar 06, 2023
Isn't it visible to the blind that the issue with supply is because of APC incompetence and not as a result of anyone trying to sabotage Tinubu presidency.

Let's wait and see how long it will take Tinubu to express his newfound love for the Nigeria masses by speaking against this scarcity

2 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Wisejohnson47(m): 6:01am On Mar 06, 2023
Very funny country in the hands of very clueless leaders, God save us

2 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Mrregistration: 6:02am On Mar 06, 2023
Registering your business is the step to getting your business structured. Without registering your business, you are running a glorified hobby.

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Voltron007(m): 6:03am On Mar 06, 2023
Nothing new here. The scarcity happens every 2-3 weeks. When they’ve successfully increased the price the scarcity would end. Welcome to Nigeria.

2 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by SuperSupremo(m): 6:03am On Mar 06, 2023
Wisejohnson47:
Very funny country in the hands of very clueless leaders, God save us
The citizens are same,they are the elite products of the nation so brother manage like that

2 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by tuoyoojo(m): 6:04am On Mar 06, 2023
Fuel queues have not truly disappeared from abuja since last year

At best, the queues would not be too long

Most people now have come to accept the queue as a normal way of life and adjusted to it, just the way we adjusted to naira scarcity

2 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Samuelnze(m): 6:08am On Mar 06, 2023
Apc trying hard to see nigerians suffer.
Buhari trying hard to see nigerians curse this country.
urchins trying hard to impose a failure on the people.
thiefunubu trying hard to get his smelly arse on that presidential seat.

.Obidients fightin to get this country right on track,. God bless all obidents. Amen

2 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Samuelnze(m): 6:08am On Mar 06, 2023
Apc trying hard to see nigerians suffer. Buhari trying hard to see nigerians curse this country. urchins trying hard to impose a failure on the people. thiefunubu trying hard to get his smelly arse on that presidential seat.
.Obidients fightin to get this country right track,. God bless us all. Amen

2 Likes

Re: Fuel Queues Return To Abuja, Others As Supply Dips by TimmyTen(m): 6:11am On Mar 06, 2023
Suffer no de taya Nigerians some still voted another ancestor/ election rigger into power

1 Like

Re: Fuel Queues Return To Abuja, Others As Supply Dips by Vicdgreat556(m): 6:12am On Mar 06, 2023
Anyone who later become the president should look into fuel matter in this country..

To all MTN users here, I'll be giving free airtime.u can join the group chat below




https:///EbZOuCCvZUaI2I7KtGFE0d
Re: Fuel Queues Return To Abuja, Others As Supply Dips by Theunbothered: 6:15am On Mar 06, 2023
Don't worry our Jagaban will produce fuel out of corn oil and fuel queues will sieze overnight.

All hail Asiwaju Tinubu.

1 Like 1 Share

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

Nigerian Woman Jailed Over Vulture Voodoo In Burkina Faso / Sack Okonjo, Madueke. Civil Societies To GEJ / Akpabio Inaugurates Phase II Of Ibom International Airport

(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. 40
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.