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Fuel scarcity: NNPC now sells petrol at N194/litre

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Fuel scarcity: NNPC now sells petrol at N194/litre
The Nigerian National Petroleum Company (NNPC) Limited yesterday increased the pump price of Premium Motor Spirit (PMS) at its filling stations to N194 per litre from N179 per litre.

This came after weeks of petrol scarcity resurfaced across the country as long fuel queues erupted at many filling stations.

According to LEADERSHIP, an official notice was seen, reveal that NNPC filling stations across Abuja metropolitan had changed their price boards to reflect N194 per litre.

However, in Lagos, NNPC filling stations visited displayed N184 per litre for PMS.

When contacted, the group corporate communications officer of the NNPCL, Mallam GarbaDeen Muhammad said the firm does not determine the pump price of PMS.

“Kindly find out from the NMDPRA what the approved pump price is. That should answer your question. NNPC Ltd does not determine the pump price of PMS,” he said.


Fuel scarcity: NNPC now sells petrol at N194/litre

However, the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) the agency responsible for regulating activities in the midstream and downstream sectors, kept mum over the development as phone calls and text messages to its spokesman, Kimchi Apollo were not responded to.

There were long queues at filling stations across the Federal Capital Territory, yesterday, raising fears of yet another round of petrol scarcity in the nation’s capital, Abuja.

Specifically, checks around the city centre showed that most outlets operated by both major and independent marketers were shut while queues were observed at Conoil and Total filling stations opposite NNPC Towers. Queues were also noticed at NNPC Mega station as well as two stations in the Wuse area of the city.

Similar long queues were observed in Lagos and environs, yesterday, as the independent marketers were seen selling the product over N250 per litre while the major marketers and the Nigerian National Petroleum Company sold it at N170 and N169 per litre respectively.

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