Queues return to Abuja despite hike in petrol price

Fuel price hike imminent over poor supply, marketers warn

Frustrationpain and anguish are the best words to describe the mood of Abuja residents who are facing a fresh round of petrol scarcity, despite a remarkable increase in the pump price by oil marketers.  A litre of petrol now goes for between N165/litre at NNPC mega stations to N175-N205 at filling stations run by independent marketers.

Daily Sun noticed that most filling stations in Abuja metropolis were shut on Thursday and the few that operated had long queues snaking several metres around them.

Read:  FAAN to introduce ‘park and pay’ at Abuja airport

The ugly scenario is at variance with promises made by the Group  Managing Director of the Nigerian National Petroleum Company Limited (NNPC), Mr Mele Kyari, during the last Sallah celebration where he assured that the queues will disappear in a few days. 

When contacted for reasons behind the resurgent queues, an NNPC source directed Daily Sun to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

Read:  Renewed appetite for stocks lifts index by 0.09 per cent

“This issue has been off and on. Please contact NMDPRA”, he said.

Meanwhile, motorists have lampooned the NNPC and other agencies for the recurrent petrol crisis, saying the Federal Government have run out of excuses as it continues to do the Russian roulette with the economic life of the country.

Dan Ali, a commercial bus driver lamented: “Is this not hell on earth? Despite the increase in pump price of petrol, we are still languishing in long queues. This is totally unacceptable for a major oil producing country. I’m sick of Nigeria”. Flora Igwe, a civil servant said: “I took Mr Mele Kyari’s promises to heart thinking the days of hellish queues were over. How wrong I was. We’re back to this terrible situation again after three days of respite”.

Read:  Fidelity Bank to develop SMEs capacity in non-oil exports sector


Related posts

Verification: FG introduces digital token to replace 11-digit NIN


FMDQ lists N300bn Dangote industries’ bonds 


AXA Mansard Insurance reports N44.97bn GWP


LAPO MfB disburses over N74bn In Q1


Jaiz Bank grows profit by 45% to N3.07b


Investors Record ₦1bn Marginal Gain At Nigeria’s Stock Market.


Leave a Comment