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Marketers Ration Petrol, Lock Gates Against Motorists In Lagos, Ogun

………….NNPC assures Nigerians of products supply at Easter

By Adeola Yusuf

Some
marketers of Premium Motor Spirit (PMS), also known as petrol, in parts
of Lagos and Ogun states yesterday began to ration the product for
motorists as high landing cost takes toll on their businesses. New
Telegraph had reported that the landing cost of petrol hit N205 per
litre two days after depot owners hiked the ex-depot price from N133.28
per litre official price to N139 per litre. More privately owned filling
stations, checks by this newspaper showed yesterday, have begun to
ration fuel while others locked gates for motorists.

Oando
and other filing stations on the stretch of Ojodu road, except the mega
station of Nigerian National Petroleum Corporation (NNPC), did not sell
the product when this newspaper visited yesterday while queues were
noticed at the NNPC. A motorist at the NNPC mega station, Mr. Folu
Ijasan, told this newspaper that he just joined the queue when he
noticed that many filling stations on the stretch of Ojodu road did not
sell petrol. “My neighbour who works at a depot in Apapa has told us
that privately owned filling stations got under supply of petrol. He
said that many of them got 11,000 litres supply instead of their 33,000
litres demand.

“So, he said that we might begin to notice
effect at filling stations from next week. I was alarmed today
(yesterday) to have noticed that there are more filling stations who are
not selling the product. The best I could do, which I have done, is to
join the queues here at NNPC,” he said.

This same situation
was noticed at the Ota, Ogun State as more stations shut their gates for
motorists. None of the stations, including Faith and Mervelous,
Florinkay, Iswat, Henry Oil on the Lafenwa Itele road, except Rakab
Filling Station, sold the product yesterday. “The effect of this is yet
to be generally noticed because mega stations and major marketers have
supply of the product.

If nothing tangible is done, we may
begin to have a situation at hand beginning from next week,” a
management staff at a private depot in Apapa told New Telegraph. The
NNPC, however, promised to sustain zero queues across the country,
especially as Easter approaches. The corporation, in a statement,
restated its commitment to what it described as “the sustenance of the
present seamless supply and distribution of petroleum products across
the country.” Group Managing Director of the corporation, Dr. Maikanti
Baru, who made this commitment during the NNPC Special Day at the 30th
Enugu International Trade Fair, added that no fewer than 55 depots
across the country were fully stocked with petrol. He explained that 23
depots in Lagos, seven in Port Harcourt, 11 in Warri, six in Calabar and
eight in Kaduna, were stocked with petrol. Baru, who was represented by
the Chief Operating Officer, Refineries and Petrochemicals, Engr. Anibo
Kragha, said that the ongoing rehabilitation of the nation’s refineries
was aimed at reducing importation of petroleum products and demand for
foreign exchange in the country.

The GMD stated that as
industry leader, the major focus of the corporation was “value addition
in all our activities”, which he said had helped to ensure maximum
benefit to all its stakeholders. He reiterated the need to protect the
corporation’s facilities, especially the pipelines, saying the
corporation recorded 257 vandalised points in December 2018 alone, with
Ibadan-Ilorin axis accounting for 34 per cent of the total. In his
welcome address, President of the Enugu Chamber of Commerce, Industry,
Mines and Agriculture, Sir Emeka Udeze, commended the NNPC for the
stability in the supply and distribution of petroleum products in the
country and its consistency in participating at the annual event. He
advised the management of the corporation not to allow a re-occurrence
of the problems that hitherto affected the smooth operations of the
downstream petroleum sector.

Source:- Newtelegraphonline

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