Panic buying, cause of fuel scarcity- PENGASSAN boss

Fuel scarcity spreads nationwide
Fuel scarcity used to illustrate the story.

The Federal Government had accused marketers of diverting petrol meant for Abuja


Oil workers have denied allegations that the petrol scarcity being witnessed in Abuja and other parts of the country is caused by sabotage and fuel diversion, saying the reason is panic buying by users.

The workers, under the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, on Thursday, said the incessant fuel queues in the country were a result of panic buying due to deliberate misinformation.

The Kaduna Refinery and Petrochemical Company branch Chairman of PENGASSAN, Sanusi Abdulkarim, stated this in an interview in Kaduna.

”It is based on the penchant for raising false alarm over the production, pricing, demand and supply chains, otherwise there is no cause for these queues,” Mr. Abdulkarim said.

He claimed that the ongoing Turn Around Maintenance of Port Harcourt and Warri Refineries had contributed to the shortfall in supply. He said he was convinced there was no plan by the Federal Government to increase the price of fuel as some people were assuming.

“We should stop raising false alarm over what we have sufficiently in the country,” the union leader said.

The Federal Government, through the Nigerian National Petroleum Corporation,NNPC, on Wednesday, accused oil marketers of deliberately diverting petrol meant for Abuja in order to cause petrol scarcity in the Nigerian capital.

The NNPC spokesman, Fidel Pepple, said marketers diverted 73 trucks of petrol, meant for Abuja, from Kaduna, within two days.

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