Fri. Mar 29th, 2024

Tension: Queues emerges as petrol station run out of product.

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Long queues resurfaced at petrol stations in Abuja with several others shutdown due to the absent of product.

Our correspondents in the Capital City reports that while most stations owned by major marketers were opened with long queues, most stations operated by independent marketers were closed without good reasons.

The emergence of queues came about three days after the Nigerian National Petroleum Corporation (NNPC) had assured the public that it had enough petrol in stock and urged consumers against engaging in panic buying.

Traces of possible petrol shortage resurface about two weeks ago when members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) raised the alarm that private depot owners had increased the price of the product by N9 per litre.

To prevent tension in the state NNPC disclosed that it had over 1.7 billion litres of petrol in stock and more petrol “is expected to arrive into the country daily over the coming weeks and months”.

The Corporation explained that there is no need for fear of any form of scarcity of petrol in this festivities.

“The NNPC is also not aware of any plan by government to cause an increase in the pump price of petroleum. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has made that declaration last week”.

NNPC advised motorists and other consumers of petrol to maintain their regular pattern of the purchase of petrol without getting into a panic situation that may send the wrong signals around the country.

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