Friday, April 22

Fuel Scarcity: Nigerians are deceived that scarcity will disappear soon - Marketers

Depot marketers have revealed that Nigerians are being deceived to believe that the ongoing fuel scarcity in the country will disappear soon.

“How is this possible when we have less to sell to marketers? How is it that NNPC distributes about 36.957 million litres of Premium Motor Spirit, PMS, and yet we are still left with nothing at the depots?” One of the marketers queried.
The marketer said they are practically out of business because there is no Forex to import and until there is Forex, they are practically rendered handicap. Also, sources at the Department of Petroleum Resources (DPR) said the nation cannot boast of any stock level now, as products are sent to states the moment they are imported.

Though NNPC said 1,120 truckloads, comprising 36.957 million litres of Premium Motor Spirit, had been distributed across the country with promises from the federal government that the fuel scarcity would be over soon but the situation is unfortunately far from over as there are still long queues at filling stations across the country. 

Ibe Kachikwu, the state petroleum resources minister on Wednesday, promised that the fuel queues will completely disappear by the end of next week.

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