Fuel scarcity may end Thursday as petrol-laden ships arrive Nigerian waters – Marketers

Marketers ask Nigerians to avoid panic buying.

Oil marketers in Lagos State on Tuesday said the distribution of imported petrol to filing stations has commenced nationwide.

The marketers in separate interviews in Lagos disclosed that vessels laden with imported petroleum products had berthed at the high sea.

One of the major marketers said that the delay by the Petroleum Products Pricing Regulatory Agency, PPPRA, in approving the first quarter fuel allocation to marketers, was responsible for scarcity. He added that ships laden with petrol had started to berth since the early hours of Tuesday on the high sea.

The marketer said they would immediately begin the discharge of the product into system 2B for channelling to all NNPC depots. He gave Nigerians the assurance that the observed queues at filling stations would disappear by Thursday when all stations would have received the product before the close of work on Wednesday.

“The queues in some filling stations in some states will soon disappear as the Federal Government has approved the importation of petroleum products. Petroleum vessels have started to berth at the high sea to discharge the product into the pipeline to depots. We are assuring Nigerians that the ongoing scarcity and queues will soon disappear,” he said.

The marketer advised motorists to remain calm and avoid panic-buying.

“Since the importation approval has been signed, Nigerians should expect prompt and effective distribution of petroleum products in all filling stations across the country,” the marketers added.

An independent marketer, who exonerated marketers of any blame, commended the Federal Government for its intervention in the clearing processes. He said that the clearing process had become cumbersome and caused the experienced delay of ships in the high sea.

“I totally disagree with the insinuations that marketers are the ones hoarding the product at the filling stations. The real issue is in the high sea because to what extent can a marketer hoard the product in the filling station? In the high sea, we have 42 days sufficiency, so, how can a marketer hoard? The situation we have today has to do with logistics. That is the operations at the jetties, including the shore tanks. I am talking about the little problem we had one week ago which was the contraction in supply,” he said.

However, the management of Nigerian National Petroleum Corporation, NNPC, on Monday injected additional three million litres of petrol into Lagos to ease scarcity.

The Acting Group General Manager, Public Affairs Division of the Corporation, Omar Ibrahim, said that extra 33 million litres of petrol would be supplied to end the artificially induced scarcity.

“While we intensify direct monitoring of fuel stations across Lagos and its environs, we are providing extra volume of the product to eliminate the noticeable queues arising from the induced scarcity,” Mr. Ibrahim said.

NNPC has appealed to marketers and members of the public to refrain from hoarding and panic-buying.

(NAN)


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  • Sammy Braide

    Instead of importing fuel, why not encourage local small scale refiners rather than chasing them around and aresting them. Government should provide a means to help them get their crude legally and give them guidelines on the quality and standard of the finished product. That is the only real way to stop fuel scarcity and save the waste from importation.

  • Kadeer

    Wow!. Nigeria. This is all we get. Some explanation about why millions have suffered hardship and unbudgeted expenses of buying fuel at black market rates. Apparently, with such language, no one has lost sleep over what has happened, meaning this could happen again, and again.

    Sad that the guys in charge of this mess will resume work tomorrow. *sigh*

  • Comfortkay

    We shall soon publish the names of Nigeria who owns the refinery on the coast of west Africa that does not want the refinery in Nigeria to work,
    Let us call a spade a spade PDP government since 1999 cannot fix light in Nigeria, they cannot create atmosphere for investors to come to Nigeria for our younger generation to get employment, they import oil and kerosine and they still want to remain in power by all means while Nigerian remain mired in poverty. We shall vote them out of office, and all lovers of NIGERIA please say Amen.