TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Petrol queues re-emerge as fuel depots dry up

The Citizen by The Citizen
December 22 2022
in Headlines, Latest News
A A
0
NNPC debunks fuel scarcity rumours, warns against panic-buying

The queues for Premium Motor Spirit, popularly called petrol, which were gradually abating recently, suddenly re-emerged on Wednesday in many cities, including Lagos and Abuja.

The development clearly shows that Nigerians face bleak Christmas as fuel scarcity has started taking a toll on motorists, who have hiked their fares.

It was gathered that many depots were currently running out of the product, a development that reduced supplies from depots to retail stations across the country.

In Abuja, many filling stations, particularly those of independent oil marketers, remained closed due to lack of products, while the few outlets of major marketers that dispensed petrol started witnessing queues from mid-day till evening on Wednesday.

The Conoil and Total filling stations located directly opposite the headquarters of the Nigerian National Petroleum Company Limited witnessed queues on Wednesday afternoon till evening.

Similarly, a filling station opposite Transcorp Hilton Hotel in the Federal Capital Territory started witnessing massive queues in the evening, despite the fact that the gates of the outlet were shut to motorists, as attendants at the station tried to offload a fuel tanker.

Oil marketers told one of our correspondents that the brief period when the queues cleared was basically due to the intervention of the Department of State Services after the DSS ordered the NNPCL to address the situation.

They stated that the order to the NNPCL and marketers made the national oil company to release large volumes of the product but stressed that this only addressed the fuel crisis briefly.

The Secretary, Independent Petroleum Marketers Association of Nigeria, Abuja-Suleja, Mohammed Shuaibu, said there was still PMS supply shortfall from the NNPCL, stressing that the re-emerging queues in Lagos, Abuja and other cities had revealed this.

He said the NNPCL was focusing on city centres of Abuja and Lagos, while neglecting areas that were far away from cities, adding that aside from queues in these areas, the cost of petrol in those locations was higher than N200/litre.

Shuaibu said, “There’s a shortfall in supply but the NNPCL will be telling you not to panic, and that they have products when we cannot see them. Look at our depots, our tanks are empty.

“No petroleum marketer that used his money or borrowed money from the bank to build and invest in a filling station will lock up his station at the end of the day without any cogent reason.”

Asked whether depots in Abuja were empty, for instance, the Suleja Depot, Shuaibu replied, “It is. Any product you see today that comes through the Suleja Depot is by bridging.

“And when you go down south, you’ll be buying from depot owners at a high price. That is why the NNPCL should be held responsible. It should explain why the product is not in circulation.”

Also speaking, the President, Natural Oil and Gas Association of Nigeria, Benneth Korie, stated that a lot of filling stations were currently folding up due unavailability of the PMS to dispense and the challenges associated with accessing the product.

He said, “We are sacrificing a lot by doing this business with losses every day. Go and see the number of filling stations that have folded up in Nigeria. For the depots, how many of them have fuel to sell?”

He stated that the availability of petrol in Nigeria was currently the problem facing operators in the downstream and not necessarily the cost of the commodity.

Korie, however, explained that the cost of the PMS at filling stations operated by major marketers had been below N200/litre because major oil marketers often got their products directly from NNPCL.

He said independent marketers at times made purchase from these major marketers, as this was why the cost of petrol at retail outlets operated by independent marketers was usually higher than N200/litre.

“We are all marketers, but it depends on how you get your own product. They (major marketers) get their products from source (NNPCL) and we get ours from them (major marketers). So, don’t expect us to sell less than them,” he stated.

Meanwhile, the NOGASA president pointed out that the hike in diesel price was also impacting negatively on the supply and cost of petrol.

He said, “One major cause for the hike in the cost of petrol and its scarcity is the price of diesel. This is because you use diesel to transport the PMS across the country. The vessels that bring in the PMS use diesel to ferry the product.

“You use diesel to operate depots, filling stations and others. So, this is also a major cause for the high cost of petrol. If you bring the price of diesel down to about N170/litre as it was some months ago before jumping to the current high price, who would sell the PMS at the rate which its being sold now?”

The NNPCL, which is the sole importer of petrol into Nigeria for several years now, has remained mute on the issue of fuel scarcity in Nigeria, despite the lingering crisis nationwide.

Similarly, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, which recently claimed that NNPCL had enough products, had failed to prove this, nor stop marketers from selling petrol at exorbitant pump prices.

Fuel scarcity has worsened despite the claim by NNPC that it had imported over 2.5 billion litres of petrol, enough to keep the country wet during the festive season.

“Our members don’t have products because NNPCL is not giving us. But for those who have, they go to private depots to buy for over N200/litre, depending on individual arrangement,” the Chairman, IPMAN Satellite depot, Akin Akinrinade, had told The PUNCH.

The association recently issued a seven-day ultimatum to the Federal Government over price disparities, as regards the amount which products were being sold to its members and members of the Major Oil Marketers Association of Nigeria.

Akinrinnade revealed that MOMAN members and depot owners were buying directly from NNPCL at the regulated price of N148/litre, while IPMAN members had to buy from private depots for N220/litre.

Our correspondent observed that filling stations belonging to NNPCL dispensed petrol at N169/litre, members of MOMAN sold theirs at N170/litre, while IPMAN members were selling at about N250/litre depending on the location.

It was observed that many motorists and other fuel users scrambled to get fuel at N169/litre from NNPCL retail stations, thereby worsening traffic gridlock on the expressway. – Punch.

Previous Post

Second Niger Bridge users to pay toll, says Fed Govt

Next Post

FG apologies over civilian deaths in Zamfara military airstrikes

Related Posts

Tinubu orders probe into death of detained miners in Niger State
Headlines

Tinubu orders probe into death of detained miners in Niger State

September 19 2026
Gov. Bago declares 24-hour curfew following unrest over miners’ deaths
Latest News

Gov. Bago declares 24-hour curfew following unrest over miners’ deaths

September 18 2026
JAMB explains ‘not admitted’, ‘admission in progress’ statuses
Latest News

JAMB explains ‘not admitted’, ‘admission in progress’ statuses

September 17 2026
2027: Obi, Kwankwaso Movement unveils 59-member presidential campaign council
Headlines

2027: Obi, Kwankwaso Movement unveils 59-member presidential campaign council

September 17 2026
Nigerians begging me to slow down power supply, says Minister
Latest News

Nigerians begging me to slow down power supply, says Minister

September 16 2026
NASS seeks states’ approval for State Police, LG autonomy, other reforms
Governance

NASS seeks states’ approval for State Police, LG autonomy, other reforms

September 16 2026
Next Post
Insecurity: Zamfara farmers negotiate with bandits today

FG apologies over civilian deaths in Zamfara military airstrikes

Pres. Buhari to unveil new naira notes today

Pres. Buhari seeks fresh N819bn loan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

Tinubu swears in Enitan as new Head of Service

Tinubu swears in Enitan as new Head of Service

by The Editor
August 28 2026
0

...

Tinubu names new Head of Service

Tinubu names new Head of Service

by The Editor
August 19 2026
0

...

ODDITIES

Residents find lifeless body in Akwa Ibom gutter, police begin probe

New co-tenant absconds with neighbour’s children in Akwa Ibom

by The Editor
September 17 2026
0

Palliatives: Sokoto residents feared dead in stampede at Wammako’s residence

Police Inspector slumps, dies after fitness exercise

by The Editor
September 3 2026
0

How friend deceived me to sell my kidney, bought phones with payment — Victim

How friend deceived me to sell my kidney, bought phones with payment — Victim

by The Editor
August 30 2026
0

GLOBAL NEWS

Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

by The Editor
September 18 2026
0

...

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

2027 Hajj: Saudi Arabia rejects Nigeria’s request for additional slots

by The Editor
September 17 2026
0

...

Canada flags Nigeria, 16 African countries as high-risk in new travel advisory

Canada raises study permit, visitor visa processing times for Nigerians

by The Editor
September 17 2026
0

...

Trump promises Americans $5,000 if Republicans win Congress

Trump races to confirm judges before midterm elections

by The Editor
September 16 2026
0

...

US, Israel, Iran agree to 2-week ceasefire as Trump pulls back on threats

US Appeal Court affirms block on Trump bid to curb mail-in ballots

by The Editor
September 11 2026
0

...

State of the States

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

Lagos empowers 6,190 residents with free vocational, entrepreneurial skills

by The Editor
September 2 2026
0

...

Gov. Mutfwang convenes security council over Plateau attacks

Gov. Mutfwang convenes security council over Plateau attacks

by The Editor
September 2 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Tinubu orders probe into death of detained miners in Niger State

Tinubu orders probe into death of detained miners in Niger State

September 19 2026
Trump bars CNN, MS NOW, Politico from White House

Trump bars CNN, MS NOW, Politico from White House

September 18 2026
Gov. Bago declares 24-hour curfew following unrest over miners’ deaths

Gov. Bago declares 24-hour curfew following unrest over miners’ deaths

September 18 2026
FG moves to implement Digital Free Zones

FG moves to implement Digital Free Zones

September 17 2026

EDITORIAL REVIEW

2027: Voter registration figures must mirror turnout – Punch

2027: Voter registration figures must mirror turnout – Punch

by The Editor
September 17 2026
0

EFCC recoveries: The good, the bad and the ugly – Punch

EFCC recoveries: The good, the bad and the ugly – Punch

by The Editor
September 11 2026
0

Football’s house of failure – Punch

Football’s house of failure – Punch

by The Editor
September 8 2026
0

FAAC shares N2.09tr to FG, states, local councils as October revenue

FAAC bonanza: Nigeria’s fiscal paradox – Punch

by The Editor
September 3 2026
0

Interstate highways of agony, hollow excuses – Punch

Interstate highways of agony, hollow excuses – Punch

by The Editor
September 1 2026
0

Opinion

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

‘Fake’ Agency: Adeyemi insists DG appointment genuine

Fake agencies: Why Nigeria still needs Oronsaye report

by The Editor
August 25 2026
0

...

How Adeleke danced back from the dead

How Adeleke danced back from the dead

by The Editor
August 19 2026
0

...

Adeleke’s win and the cost of winning at all costs

Adeleke’s win and the cost of winning at all costs

by The Editor
August 18 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.