Abuja residents lament as fuel scarcity bites harder.
Residents of the capital city may not be new to fuel scarcity, which comes mostly during yuletide seasons, but no one anticipated the sudden reappearance of fuel queues given the high cost of PMS at N143 per litre.
The growing fuel queues, however, mean different things to different people because while commuters and motorists lament the attendant hardship, fuel hawkers, who are now common sights at street corners smile to banks following brisk businesses the opportunity has created.Our correspondent who monitored the development in Abuja reports that 10 litres of PMS is now sold for as high as N3000 by the hawkers, also known as black market dealers.One of the hawkers, Ibrahim Umar, who spoke to The Oracle Today, lamented the high cost of the product saying they also buy it at a very exorbitant price of N2, 250 per 10 litre gallon.
Speaking on the development shortly before he cut short his trip to London and returned to the country, Baru called on Nigerians to stop panic buying as the Corporation was doing everything within its reach to address the situation. “For the umpteenth time, I wish to call on all Nigerians to stop panic buying. We have said times without number that NNPC has sufficient products to cater for the needs of all consumers,” Baru stated.Before leaving for London, the GMD had directed that more truckload of petroleum products be dispatched to various parts of the country to cushion the effects of excessive demand caused by panic buying.
similarly, NNPC informed Nigerians that there was no plan whatsoever to increase the prices of petroleum products both at the ex-depot level and pump price ahead of the forthcoming yuletide.The NNPC in a release said that the ex-depot petrol price of N133.38 per litre and the pump price of N143/N145 per litre have not changed noting that the Corporation has enough stock of fuel to ensure seamless supply and distribution of products across the country.
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