Fuel scarcity lingers as private depots contend with low stock

Owners of private petroleum products’ depots in Lagos have warned that the current fuel scarcity in the country may get worse as they have yet to receive supplies from the Nigerian National Petroleum Corporation (NNPC), The Punch reports.

According to sources, loading at some of the depots on Monday did not appear to improve significantly, while there was no activity at the government-owned depot in Ibadan, Oyo State. Supply to Ilorin was said to have been hampered by the row between the Independent Petroleum Marketers Association of Nigeria and the Department of Petroleum Resources. In Lagos, many filling stations did not operate on Monday, while those that were selling petrol still had long queues of desperate motorists to contend with.

A source noted that out of the eight depots that had throughput arrangement with the Nigerian National Petroleum Corporation, only Capital Oil, Folawiyo and MRS had enough stock on Monday. He said; “Those are the major depots that have the product. The remaining don’t have NNPC product. They have been promising us that they are bringing the product to us for the past four days, but the vessel has not come as we speak”. “The scarcity may get worse if nothing is done about this,” the source added. It was gathered that Aiteo, Nipco and Ascon depots had not received the NNPC product for four days.

No Comments Yet.

Leave a comment