Fuel queues returns to Abuja ……..as transport fare increase by 100% LAIDE AKINBOADE

After more than a year of relief from fuel scarcity in the country, filling stations in some parts of Abuja have started experiencing queues since Monday evening, while some filling stations have refused to sell Premium Motor Spirit, popularly known as petrol, to motorists.
Meanwhile transport fare has already increased by about 100%, from Mararaba to AYA, in Abuja that was N100 now N200, from Mararaba to Wuse that was N100 before now N200. From Lugbe to Area 1, that was N150, now N300.
In Kuje Total Filling station, have already stopped selling, in NNPC Kubwa there is long queues of motorists. At Conoil directly opposite NNPC towers, Abuja, there is a long queue of motorists.
Black markets that disappeared on the streets of Abuja, have again resurfaced, with young boys carrying jerry cans of PMS, trying to sell to motorists.
Some filling stations have already stopped selling to motorists in the bid to horde the commodity.
The few stations that are selling have a long queues of motorists, waiting to buy the PMS.
The pockets of fuel queues that started in Lagos on Monday Morning, emerged few days after the Independent Petroleum Markers Association of Nigeria, Lagos State chapter, accused the Nigerian National Petroleum Corporation of under-supplying its members with petrol.
The association alleged that the NNPC was not only under-supplying its members with the PMS, but was also frustrating them by reneging on the bulk purchase agreement it signed with its members to supply the product to them at N133.28k per litre.
It said with the under-supply from the NNPC, its members were being forced to approach the Depot and Petroleum Marketers Association, which was allegedly buying at N117 per litre from the NNPC and reselling to IPMAN members at N141 per litre.
It added that at that rate, it had become unrealistic for them to continue to sell to the end users at the regulated price of N145 and still expect to break even in business.
Meanwhile, the NNPC on Monday stated that there was no plan to increase the prices of petroleum products both at the ex-depot level and the pumps ahead of the forthcoming Yuletide.
They insisted that the ex-depot price of N133.38 per litre and the pump price of N143/N145 per litre of Premium Motor Spirit, popularly known as petrol, had not changed, adding that it had enough stock to ensure seamless supply and distribution of products across the country.
The corporation urged motorists and other users of petroleum products to disregard rumours of an impending fuel price hike on some online news platforms.
The NNPC said it had the full commitment of all downstream stakeholders, including petroleum marketers and industry unions, to cooperate in achieving zero fuel scarcity this season and beyond.
It added that motorists should not engage in panic buying or indulge in the dangerous practice of stocking petroleum products in jerry cans at home.
The corporation said its downstream subsidiary firms, Petroleum Products Marketing Company and the NNPC Retail Limited, were fully set to ensure that motorists enjoy uninterrupted access to petrol throughout the season across the country.

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