By Gbemisola Adedayo
Residents of Kogi State are bearing the brunt of scarcity of petrol over unstable petroleum pricing and adjustments.
The development has caused long queue to return to petrol stations in Lokoja, the State Capital where Black marketers have taking advantage of reaping off petrol users with a litre selling in the sum of N1000 per Litre.
Already, commercial vehicles and motorcycles have now resorted to buying fuel from roadside fuel sellers (Black market ) at N1000 per litre, amid fear of adulteration of petroleum products.
Major filling stations in the town were closed down as they claimed there was no fuel for sale, according to a survey that was undertaken by Thenewspad Media.
Checks by our Correspondents who monitored the filling stations discovered that most stations were hoarding their products.
The menace was triggered as a result of by the Nigeria National Petroleum Company Limited, NNPCL decision to reduce the pump prices of petroleum products.
A insider, Independent Petroleum Marketers were angry over the decision which they claimed caught them unaware and still in fear as to what other price policy may come, given the anticipation of the commencement of production in some refineries in the country in a few months.
The situation has led to the scarcity of commercial vehicles in the City where Commuters, including some tertiary students students living off Campus were seen stranded on Thursday morning due to their inability board vehicles to take them to their various destinations.
Workers in the State Civil Service and their counterpart in the private sector were also affected by the fuel crisis.
Most of the workers could not go to work on Thursday due to a lack of commercial vehicles plying their routes.
Official of the National Union of Road Transport Workers, NURTW, who spoke with the Newspad, Kayode Awalu said even the drivers are concerned about the pathetic situation and have decided to remain at the motor park because they are yet-to determine the fare to charge passengers.
He said it would be too bad to buy fuel for N1000 per litre and go out and couldn’t get your money back and talk more of profit.
He appealed to the federal government to arrest the ugly situation as he alleged that some filling stations were retailing to black marketers in the night at N680 while the black markets sold N1000 to N1100 to the public.
In response to the glitches caused by petrol scarcity, the Nigerian National Petroleum Company Limited (NNPC Ltd.) stated that the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is as a result of logistics issues and that they have been resolved.
NNPCL in a statement endorsed by Olufemi Soneye, Chief Corporate Communications Officer
NNPC Ltd, said the prices of petroleum products are not changing, just as it urged Nigerians to avoid panic buying as there is a sufficiency of products in the Country.
residents lament fuel scarcity, pricing
By Gbemisola Adedayo
Residents of Kogi State are bearing the brunt of scarcity of petrol over unstable petroleum pricing and adjustments.
The development has caused long queue to return to petrol stations in Lokoja, the State Capital where Black marketers have taking advantage of reaping off petrol users with a litre selling in the sum of N1000 per Litre.
Already, commercial vehicles and motorcycles have now resorted to buying fuel from roadside fuel sellers (Black market ) at N1000 per litre, amid fear of adulteration of petroleum products.
Major filling stations in the town were closed down as they claimed there was no fuel for sale, according to a survey that was undertaken by Thenewspad Media.
Checks by our Correspondents who monitored the filling stations discovered that most stations were hoarding their products.
The menace was triggered as a result of by the Nigeria National Petroleum Company Limited, NNPCL decision to reduce the pump prices of petroleum products.
A insider, Independent Petroleum Marketers were angry over the decision which they claimed caught them unaware and still in fear as to what other price policy may come, given the anticipation of the commencement of production in some refineries in the country in a few months.
The situation has led to the scarcity of commercial vehicles in the City where Commuters, including some tertiary students students living off Campus were seen stranded on Thursday morning due to their inability board vehicles to take them to their various destinations.
Workers in the State Civil Service and their counterpart in the private sector were also affected by the fuel crisis.
Most of the workers could not go to work on Thursday due to a lack of commercial vehicles plying their routes.
Official of the National Union of Road Transport Workers, NURTW, who spoke with the Newspad, Kayode Awalu said even the drivers are concerned about the pathetic situation and have decided to remain at the motor park because they are yet-to determine the fare to charge passengers.
He said it would be too bad to buy fuel for N1000 per litre and go out and couldn’t get your money back and talk more of profit.
He appealed to the federal government to arrest the ugly situation as he alleged that some filling stations were retailing to black marketers in the night at N680 while the black markets sold N1000 to N1100 to the public.
In response to the glitches caused by petrol scarcity, the Nigerian National Petroleum Company Limited (NNPC Ltd.) stated that the tightness in the supply of Premium Motor Spirit currently being experienced in some areas across the country is as a result of logistics issues and that they have been resolved.
NNPCL in a statement endorsed by Olufemi Soneye, Chief Corporate Communications Officer
NNPC Ltd, said the prices of petroleum products are not changing, just as it urged Nigerians to avoid panic buying as there is a sufficiency of products in the Country.
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