Olaleye Idowu

“It started as a rumour, making many inhabitants not to entirely believe it was coming. First, it was reported that fuel scarcity had earlier hit Osun, Ibadan and Ondo state, but they’re no inkling it will sneak into Lagos, hitting us unawares”

This was the submission of a vehicle owner, who simply identifies his name as Akintunde queuing for Premium Motor Spirit (PMC) popularly called Petrol at Akowonjo while our correspondent engaged him.

He said it came as surprise to many Lagos Inhabitants” family friend called a friend beside me requesting him to stock petrol use in a safe place from Ibadan beside me Two days back both of us never took it seriously, Akintunde said

Our correspondent gathered fuel scarcity had earlier hit Ogun, Oyo and Osun states before sneaking into Lagos at the earlier hours of yesterday while it bit harder during and after the close of business as this report is filled

Though there were products at these filling stations, which also sold at N165/litre, motorists struggled to get gasoline with which to run their economic lives.

There were also queues in states bordering the FCT, including Nasarawa and Niger.

https://imasdk.googleapis.com/js/core/bridge3.519.0_en.html#goog_1848419493 Hundreds of motorists besieged the few filling stations that dispensed petrol at various states, spending hours in queues in a bid to buy PMS.

Oil marketers blamed the development on the drop in supply, stating that the demand for petrol was currently higher than what was being provided by the Nigerian National Petroleum Company Limited.

NNPC is the sole importer of petrol into Nigeria, shouldering this responsibility for more than four years.

Speaking on the development to journalists, the President, Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, Billy Gillis-Harry, said, “Lagos is having queues today, Kaduna is almost not having any PMS in its retail outlets.

“So, it is simply a situation of demand overwhelming supply. The supply process is not efficient to be able to meet the demands for products.”

Asked to explain whether there was not enough product, Gillis-Harry replied, “Well, clearly, if there is a product, it should be delivered. However, I know the authorities are doing their best to make sure that everyone is monitored and encouraged to sell products at the approved pump price.

“But there are no products in the retail outlets, which is why there will be queues. So, it clearly shows that demand has overwhelmed supply.”

But last Thursday, the Nigerian Midstream and Downstream Regulatory Authority stated that there were over 32 days of the sufficiency of petrol by the NNPC.

Nigeria consumes an estimated 60 million littres of fuel per day. However, findings showed that by PPMC’s record, marketers loaded as much as 106 million litres per day as of April.

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