Concerns As Fuel Scarcity Hits Lagos, Abuja, Others Despite No Official Increase In Price

Related stories

Oil Prices Set For Weekly Loss as War Premium Evaporates

Crude oil prices are on track for a...

List of Top 10 Most Advanced Countries in the World

Most Advanced Countries in the World: Switzerland consistently ranks...

Why African Countries Depend On Foreign Handouts, Aids — Obasanjo

By Kolawole Ojebisi Former President Olusegun Obasanjo has identified a...

Rivers Crisis: How Tinubu Brokered Peace Between Fubara, Pro-Wike Lawmakers

By Kolawole Ojebisi From all indications, President Bola Tinubu may...

Rivers Crisis: How We Resolved Our Rift With Fubara — Wike Reveals

By Kolawole Ojebisi Minister of the Federal Capital Territory and...
  •  No Plan To Increase Fuel Price — NNPC

By Abiola Olawale

Anxiety gripped Nigerians as fuel scarcity hit Lagos, Abuja and other major cities in the country over the weekend despite there has been no official increase in the ex-dopt price of PMS.

Recent consternation of Nigerians on the Premium Motor Spirit (PMS) also known as Petrol, has proven to be true, following the recent fuel scarcity in major parts of the country.

The New Diplomat‘s checks revealed that several petrol stations in Lagos, Abuja and other parts of the country were under lock and key, as the country experiences another phase of fuel scarcity.

Several petrol stations in Agege, Ojodu, Ikeja, and Alimosho area of Nigeria’s commercial hub, Lagos were shut against motorists.

Checks also revealed that the price of petrol ranges between N162 and N165 at major filing station surveyed in Lagos over the weekend.

Many Nigerians have expressed concerns over the fuel scarcity as there was no official increment yet in the petrol price.

Also, long queues were observed at the Nigerian National Petroleum Pipeline (NNPC) filling station along Airport Road in Abuja and other fuel stations in the Nigerian capital.

The queue at fuel stations has been blamed on the inadequate supply of Petroleum products to most of the filling stations.

“Only one truck (of Petroleum products) was delivered to us, and before you know it, fuel will finish. This is what we have been facing since last week. That’s why most of the stands that are supposed to be dispensing are not able to do so. There is no fuel,” an NNPC fuel attendant said in confidence.

Meanwhile, the status of the PMS has continued to send conflicting signal into the consciousness of the people, following the statement of NNPC, stating that there is no plan to increase petrol price, or hoard fuel.

The NNPC, Sunday, cautioned the Nigerian motorists against panic buying of fuel, saying that there was no plan to increase the ex-depot price.

Disclosing this in a statement, Kennie Obateru, the spokesperson of NNPC, said the corporation was not planning to increase the price of petroleum products.

This is coming after speculations by members of the Nigerian public, that NNPC is planning to increase the price of petroleum products to the marketers in the country.

The statement reads: “Contrary to speculations of imminent increase in the price of PMS in the country, the NNPC has ruled out any increment in the ex-depot price of petrol in March. The corporation was not contemplating any rise in the price of petrol in March in order not to jeopardize ongoing engagements with organized labour and other stakeholders on an acceptable framework that will not expose the ordinary Nigerian to any hardship.”

Obateru further cautioned the marketers of petroleum products across the country, against hoarding of petrol, adding that Nigerians should not be subjected to hardship due to fuel scarcity.

'Dotun Akintomide
'Dotun Akintomide
'Dotun Akintomide's journalism works intersect business, environment, politics and developmental issues. Among a number of local and international publications, his work has appeared in the New York Times. He's a winner of the National Youth Service Corps (NYSC) Award. Currently, the Online Editor at The New Diplomat, Akintomide has produced reports that uniquely spoke to Nigeria's experience on Climate Change issues. When Akintomide is not writing, volunteering or working on a media project, you can find him seeing beautiful sites like the sandy beaches that bedecked the Lagos coastline.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

NDN
Latest News
Oil Prices Set For Weekly Loss as War Premium EvaporatesList of Top 10 Most Advanced Countries in the WorldWhy African Countries Depend On Foreign Handouts, Aids -- ObasanjoRivers Crisis: How Tinubu Brokered Peace Between Fubara, Pro-Wike LawmakersRivers Crisis: How We Resolved Our Rift With Fubara -- Wike RevealsEnergy Projects: Proton Energy Secures Major Funding Deal with AfreximbankFubara vs. Wike: Shehu Sani Expresses Doubt About Resolution, Says Fubara's Loyalists Won't Be HappyPrince Ademola Adeniji-Adele: The Forgotten Hero of June 12 China Launches Phase 2 Deep-Sea Gas Field AddingIran’s foray into fire, By Funke EgbemodePDP's BoT Flays Damagum, Says NEC Meeting Holds, Voids Anyanwu's ReinstatementFG To Nigerians: New Tax Laws Won't Come into Effect Until 2026Tinubu Inks Four Tax Bills Into LawBreaking Down Iran’s Oil Exports by CountryLagos: Sanwo-Olu Refutes Report, Probes Demolition of Peter Obi’s Brother’s Property
X whatsapp