Fuel pump price nears N1,000/litre in FCT, states

Petrol supply has continued to be on and off across the country forcing many filling stations not to dispense the product, Daily Trust investigations in the Federal Capital Territory (FCT) and many states across Nigeria have shown.

Investigations show that the product sells for close to N1,000 per litre at some stations belonging to members of the Independent Petroleum Marketers’ Association of Nigeria (IPMAN) in satellite towns of the FCT; while motorists spend countless hours queuing at outlets of the Nigerian National Petroleum Company Limited (NNPCL) and a few Major Oil marketers dispensing in Abuja city.

The IPMAN blamed the lingering petrol scarcity on shortage of direct supply from the NNPCL.

Speaking to Daily Trust yesterday, a former Chairman of IPMAN, Ejigbo Depot, Lagos, Akin Akinade, said: “Our members have no direct supply from NNPC. We buy from Third Party. We buy at DAPMAN (Depot and Petroleum Marketers Association of Nigeria) Depot in Abule Ado.