Petrol scarcity to last another two weeks, says IPMAN

Public Relations Officer, Independent Petroleum Marketers Association of Nigeria , Chinedu Ukadike , clarified that the product was not available in-country. He blamed the shortage on importation bottlenecks and slow pace of marketers’ licence renewal by the Nigerian Midstream and Downstream Petroleum Regulatory Authority .

On the challenges faced by marketers in renewing their licences, the spokesman stated: “NNPCL has said marketers, who have not been able to renew their licences will not be allowed to remain on their portal, which has been shut for some time now. Because of this, we have not been able to request for new products.

The affected persons, including commercial and private vehicle owners, motorcyclists, and artisans, accused marketers of hoarding the productl, a situation that has created artificial scarcity and inflation. A commercial driver, Idris Adeyanju, blamed marketers for the scarcity. Meanwhile, the Osun State Government Taskforce on Petroleum Price Monitoring, yesterday, warned owners of petrol stations against product hoarding.

This is even as many fuel stations in Ibadan were yesterday under lock and key. Only NNPC sold the product at the official N580 per litre.The few available stations selling the product had very long queues.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

Police operatives attached to Abraka Division, Delta State have reportedly killed a suspected kidnapper in fierce gun duel in the bush at Abraka community, Ethiope East Local Council of the

IPMAN Petrol Scarcity

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