Long queues resurface at filling stations after price increment rumours

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Long queues resurface at filling stations after price increment rumours

Private depot owners have pushed fuel pump price above N145 per litre, New Telegraph can report authori tatively.

On Monday, the NNPC informed Nigerians that there was no plan whatsoever to increase the prices of petroleum products both at the ex-depot level and pump price ahead of the forthcoming yuletide.

Other price schedule showed that the product was sold at N140 per litre at Sahara; Stallonire sold the product at N141; Swift sold fuel at N141; Chipet sold at N141.50; while the product was sold at N138 per litre at NIPCO depot.

Similarly, motorists who bought petrol from the Ascon station along the IBB Way in Wuse, said they spent an average of 30 minutes to get in and out of the station with petrol in their tanks.

He alleged that the private deports are not invoicing marketers directly, adding that they give way bill which the prices are not indicated, to cover up their acts of profiteering.

He urged the Federal Government to wade in and mount pressure on the NNPC to increase supplies to government-controlled depots.

In a bid to salvage the fuel supply and distribution challenges being witnessed in some parts of the country due to panic buying from motorists, the group managing director of the Nigeria National Petroleum Corporation (NNPC), Dr Maikanti Baru, on Tuesday cut short his trip to London.

Lengthy fuel queues were reported by motorists on Tuesday across Nigeria, including in the commercial capital Lagos, in the southwest, the northwestern city of Kaduna and the capital, Abuja, in the centre of the country.

"There is only one vessel at the terminal ready to discharge, all marketers, major, independent and private depot owners, now depend on NNPC for products", he said.

Also, the Department of Petroleum Resources (DPR) has expressed dissatisfaction with the situation as it plans to embark on picketing of erring filling stations today.

The shutdown of private depots selling petrol above government-approved price, Ahmed said, became necessary to forestall the marketers' threat to withdraw their services across Lagos State and part of Ogun State as from December 11. "These people are selling to us above the recommended ex-depot price of N133 per litre". "We have said times without number that NNPC has sufficient products to cater for the needs of all consumers", the NNPC GMD stated.

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