Friday, 3 February 2017

Fuel queues return to Lagos as NNPC allays fears of scarcity

 


There was fear of a fresh round of fuel scarcity on Thursday as many filling stations in parts of Lagos and Ogun states  did not sell Premium Motor Spirit, popularly known as petrol, to motorists as they had run out of the product, The Punch reports.
A source,
who is an executive in a Lagos-based oil marketing company said that there had been supply issues in recent days as the supply from the NNPC could not meet the demand from marketers and most of the marketers were not importing the product largely because of foreign exchange problems. Motorists queued for petrol at the few filling stations that dispensed the product on Thursday, while some independent oil marketers refused to sell petrol to consumers.
However, the NNPC said the pockets of fuel queues in Lagos and some other parts of the country would soon disappear as it had up to 36-day sufficiency of the PMS. It stated that mild queues were sighted in parts of Abuja on Wednesday, but noted that the queues had disappeared by Thursday.


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