FF Stephan Noli Blog: Fuel Scarcity Hits Lagos, Anambra, Northern States

Thursday, October 29, 2015

Fuel Scarcity Hits Lagos, Anambra, Northern States

Fuel scarcity hit Lagos, Anambra and some Northern states on October 28 as long queue of vehicles were seen at different filling stations.

Though some of the independent traders in Lagos claimed that fuel was not available for sale, some other were selling the product at the rate of N120 per litre rather than the official pump price of N87.

However, some filling stations at Iyana-Ejigbo area were under lock and keys while others were selling at high price. When the reporter of Daily Post tried to ask one of the fuel attendants, she simply answered, ‘go and ask Buhari’.

A motorcyclist, who gave his name as Oriade said that he managed to buy five litres from black marketers for N700.

“Bro, I just bought five litres for N700 around Chris Idowu. This sudden fuel scarcity is annoying. I have gone to all the filling stations around Ejigbo here but no one is selling. Even the people selling are killing us with price, aside the queue”, she said. Oriade called on the federal government to do something about it before it went out of control,” he said.
Scarcity of Premium Motor Spirit (PMS), has also resurfaced in Awka, Anambra state capital, as its price has gone up to between N110 and N115 in the city and its surroundings.

NAN correspondent who monitored the situation on Wednesday reports that most filling stations had "no fuel" sign placed at their gates while a few that had the product had long queues of vehicles.

A motorist, Ndubuisi Okonkwo, who queued at a filling station at Unizik Junction, Awka, told NAN that the increase in pump price of PMS was worsening the bad economic conditions of the masses.

Okonkwo said he had to wait patiently to buy the product as he was not sure of where and when it will be readily available.

A motorist, who simply named himself as Donald, said the scarcity was a black failure and advised the Buhari’s government to interfere to save the situation.

“This scarcity, coming when Nigerians are expecting a reduction in official pump price and getting used to the regular price, is uncalled for. The economy is already crunchy and we can’t afford another pain“, he said.

On his own part, Benjamin Abimaje, manager at Femas Service Station, stated that there was no fuel because of “the sudden outrageous increase in loading cost.’’

He said he had applied for product for some days now but the increase in price and scarcity at the depot in Lagos had made it unworkable for them to get loaded.

“We do not have fuel. The cost is high at the depot and when you add other charges, it may not land at less than N98.

“It is also biting us because we are not selling, no profit; yet we are incurring loss, we hope it normalises soon“, Abimaje said.

Chief Ikechukwu Nwankwo, Chairman of Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu zone, said the scarcity was real.

Nwankwo told NAN that loading at Port Harcourt depot was ebbing while lots of trucks were on queue at the Lagos depots where the zone largely depended on.

He said marketers were undergoing difficult times in their efforts to make products available.

"I can confirm to you that there is no PMS now, the pump price increase is only natural because landing cost at the station is now between N95 and N99, the NNPC on its part does not have products.

"Marketers are having problems with funds because most times, government does not remit their part and even when they do, it comes late.

Also, the interests to banks eat up our profits. The government has role to play to ensure we come out of this problem", he said.

However, Nigerian National Petroleum Corporation confirmed the fuel scarcity in Northern states saying that it has taken steps to eliminate the noticeable fuel queues in some key cities.

The corporation in a release stated that within the last 48 hours, petrol products to most main cities across the country particularly in the Northern part of Nigeria has been increased considerably to accommodate some noticeable shock in the system as an outcome of the growing panic demand for the fuel.

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