FG mandates Kachikwu, Baru to clear fuel queues before next week

The FEC meeting which held in President Muhammadu Buhari's absence was presided over by Vice President Yemi Osinbajo.

Our reporters' findings at the metropolis showed that many filling stations were under lock due to lack of fuel, while the few that have the commodity were battling with customers.

Though there were gridlocks in major locations in the city, it was not in connection with fuel scarcity.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has attributed the scarcity to undersupplying of petrol by the Nigerian National Petroleum Corporation (NNPC) from Lagos. And as we all know, the refinery, we have not been getting supply from the refinery.

Meanwhile, the Federal Government has approved the establishment of six new private Universities in the country.

"If we add other costs to it, we can not sell at N145 per litre".

Most of the customers, who were seen in the queues at Total filling station along Mobolaji Bank Anthony Way, Ikeja and Mobil filling station along Lateef Jakande Road, Agidingbi, blamed the queues on usual brand loyalty and belief that they would "get adequate measurement of what they paid for".

Most motorists believe the commodity is deliberately hoarded by the marketers in anticipation of its pump price hike next year.

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However, motorists in Ibadan, Oyo State, had no experience of queues experienced in Lagos and Abuja as filling stations in the town were open for business.

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 it appear they have started the strike, as they are not selling fuel.

The NNPC in a release also informed Nigerians that there was no plan whatsoever to increase the prices of petroleum products both at the ex-depot level and pump price ahead of the forthcoming yuletide.

At the NNPC station close to the popular Wuse Market end of the district, queues for petrol were building up to the Aminu Kano Way, while the corporation's mega station along the Kubwa Expressway also had queues for petrol. An investigation revealed that all depots in Apapa sell petrol above the ex-depot price of N133.28k.

"Officials of the DPR have embarked on sustained monitoring and surveillance and any marketer found wanting will face necessary sanctions, " Makera said. The money was said to have been borrowed from the banks to finance fuel import.

"I wish to call on all Nigerians to stop panic buying". We have said times without number that NNPC has sufficient products to cater for the needs of all consumers. There is always more demand for refined products for petroleum during winter period in the colder countries.

AS long queues resurfaced in the country on Tuesday, marketers have blamed the Nigerian National Petroleum Corporation (NNPC) for the situation. "We at PMB's Oil and Gas Progress commend Baru for the step he has taken", he said.

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