Economy

Fuel queues returned to Nigerian cities

Fuel queues returned to Nigerian cities weekend, with many motorists finding it difficult to buy petroleum products as many stations were either closed or operated partially.

The scarcity is coming amid reports of a likely price increase by marketers. The NNPC has denied the government is planning a hike.

In Abuja, many residents said they relied on the black market for petrol to power their cars and electricity generators. In Kano, long queues resurfaced at filling stations as most filling stations were closed. Only a few filling stations sold petrol at the government approved price of N165 per litre, the News Agency of Nigeria reported.

In Kano’s Tsanyawa, Bichi, Dawakin-Tofa and Gwarzo Local Governments, marketers sold petrol at N174 per litre, NAN reported.

A resident, Idris Abdullahi, said he had no option but to buy a four-litre gallon of fuel at N1,100, against the former price of between N700 and N800.

The news agency said the Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano branch, had accused private deport owners of attempting to increase fuel prices in the country.

Bashir Danmallam, IPMAN branch Chairman, Kano state, said in a statement that the decision would cause fuel crises in the country.

He alleged that such private deport owners had already increased the price of the product from N148 to N153 and N155 per litre.?

“The association found it necessary to alert the government in order not to blame our members in the event they increase the price of the commodity, as they will not sell at a loss,” he was quoted as saying.

“We are equally calling on the management of the Nigerian National Petroleum Corporation (NNPC) to investigate the issue with a view to proffering solutions.”

Leave a Reply