Fuel scarcity forces Baru to return to Nigeria

Fuel Scarcity In Abuja

Fuel Scarcity In Abuja

Nigeria's state oil company assured motorists on Tuesday there was no shortage of petrol and urged them not to engage in panic buying after long queues built up at filling stations.

He added: "If NNPC-owned deports are made to control the supply and distribution of fuel in the country, the issue of short-changing the marketers by giving the product to them, at a price that is not competitive, would not arise".

It declared that the ex-depot petrol price of N133.38 per litre and the pump price of N143/N145 per litre have not changed, noting that the Corporation has enough stock of fuel to ensure seamless supply and distribution of products across the country.

"It has been the NNPC that has been importing but he (GMD) has assured".

Mohammed stated that Kachikwu told the federal cabinet that there is enough fuel in the country to last till January 2018.

Before departing the country, Baru had said, "For the umpteenth time, I wish to call on all Nigerians to stop panic buying". This development has further compounded the sufferings of many Nigerians.

According to one of the marketers who pleaded anonymity, the depots serving the South-West, Mosinmi, Ejigbo, Ibadan and Ilorin depots, were loading an average of 20 trucks per day as against the usual 150 trucks per day.

What Happened to the New York Football Giants?
Manning took the first-team snaps at Wednesday's practice and will start against the Dallas Cowboys on Sunday at MetLife Stadium. He completed 21 of 34 passes for 212 yards with one touchdown and two fumbles and seemed to improve as the game progressed.

Another marketer at the depot who also spoke under the condition of anonymity said there were less activities at the depots due to an inadequate supply of the products by the NNPC.

"We are prepared and we have sufficient products that will last us to the end of the year and into next year".

December is here, and welcome to the petrol station queues!

The queues, which were first noticed in few stations on Saturday, spread to more outlets yesterday, forcing motorists into panic buying. But it appear they have started the strike, as they are not selling fuel.

When the Nigerian tribune visited some filling stations in Ibadan metropolis on Tuesday afternoon, there were no signs of queue.

The Federal Executive Council (FEC) on Wednesday ordered both the Minister of State for Petroleum Resources, Ibe Kachikwu and the Group Managing Director, Nigerian National Petroleum Corporation, (NNPC), Maikanti Baru to end fuel scarcity by this weekend.

Latest News