Petrol Scarcity: We Are In The Dark About Logistics Challenges, Says Oil Marketers

Oil marketers have said they do not have details of the logistic challenges that the Nigerian National Petroleum Company Limited claimed are responsible for the current low supply of products nationwide.

“For now, NNPCL stations are mostly the ones selling with just a few others getting supply. But you know our members have the largest number of stations nationwide. If they give IPMAN stations products, you will see that the queues will disappear immediately.” A fuel queue in Abuja, Nigeria on Tuesday, May 30, 2023. Photo: Taiwo Adeshina

“If you tell NNPCL you need say like 80, 000 tons of product now, they will give you 10, 000 tons. So, you will sell small, and then everything goes dry again. “Those currently selling at low prices know how they go about it because, during scarcity, everybody will be doing whatever they like.” “I also have it on good authority that most of the refineries in Europe are undergoing turnaround maintenance, so sourcing petroleum products has become a bit difficult.

While the public was still hoping for an improvement as promised by the NNPCL, IPMAN had threatened to withdraw services over non-payment of ₦200bn bridging claims.

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