Govt, marketers trade blames as fuel scarcity bites harder

Petrol price drop: Dangote Refinery, IPMAN sign 60m litres weekly fuel deal

As fuel scarcity persists in Abuja, Lagos, Enugu, Ondo, Osun, Kaduna, Kano, Warri and many other cities nationwide, Group Managing Director of NNPC Limited, Mallam Mele Kyari, yesterday, maintained that there is enough petrol in stock to commence loading of trucks at all depots, a position disputed by Independent Petroleum Marketers Association of Nigeria, IPMAN.

National Operations Controller of IPMAN, Mike Osatuyi, however, insisted that there is short supply in the system, as evident in the long queues visible across the country.

On his part, the President of IPMAN, Mr Chinedu Okoronkwo, said ex-depot price by depot operators and the inability of some independent marketers to get products had contributed to the lingering scarcity.

Kyari told journalists in Abuja, shortly after a meeting with the Nigerian Union of Petroleum and Natural Gas Workers, NUPENG and Petrol Tanker Drivers, PTD, a branch of NUPENG, that with over 1.8 billion litres of petrol in storage, the queues will disappear in the coming days.

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