FEC orders NNPC to end fuel scarcity before weekend

Petrol queues return to Nigerian major cities

A vehicle owner, Lawal Saidu, said he purchased a gallon for N900 on the roadside after going round most filling stations without finding the product. But, queues have surfaced in filling stations in Sokoto metropolis and its environs, creating hardship for motorists and commuters.

According to him, "NNPC treats private depot owners (DAPPMA) with priority, by giving them products while they now resell to our members at above the recommended ex-depot price".

Also in the statement, the corporation informed Nigerians that there was no plan whatsoever to increase the prices of petroleum products, both at the ex-depot level and pump price.

Okoronkwo said NNPC is not only a regulator, but also the sole importer of fuel in Nigeria, stressing that the agency can not lie about its operation.

Adewole said, "We are not selling above the official price".

"We will also get these details from the filling stations to ascertain when last they got supplies and the quantity sold".

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The Department of Petroleum Resources (DPR), however, did not comment on the situation even as the price per litre went as high as N150 in some parts of the state.

A News Agency of Nigeria (NAN) survey around the Federal Capital Territory (FCT) showed that the queues resurfaced early in the morning at a few stations, especially in the central area. The money was said to have been borrowed from the banks to finance fuel import.

NNPC spokesperson, Mr Ndu Ughamadu, in a statement, urged Nigerians to stop panic buying, reiterating that there was enough fuel in the nation's depots.

"In a bid to salvage the fuel supply and distribution challenges witnessed in some parts of the country due to panic buying from motorists, the Group Managing Director of the NNPC, Dr. Maikanti Baru, cut short his trip to London. We have said times without number that NNPC has sufficient products to cater for the needs of all consumers", the NNPC GMD stated. There is always more demand for refined products for petroleum during winter period in the colder countries, this is what we are experiencing now.

Although the Nigerian National Petroleum Corporation (NNPC) has said there are no plans to increase the price of fuel, their are still fuel queues in filling stations around Lagos state.

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