Fuel

The lingering fuel shortages across the country appear to have defied all solutions as filling stations across the country continue to battle acute shortages. The horror has shot up petrol prices to an all-time high of N990/litre in Abuja and as high as N1,200/litre in far-flung cities up north. The frustrating development has forced motorists to sleep in filling stations, especially those belonging to NNPC Ltd to get petrol. The situation has been exasperated by the silence of various government agencies responsible for smooth supply and sale of petroleum products. In Lagos, most of the filling stations, especially those operated by independent marketers are out of stock with major marketers and NNPC battling to salvage the situation with minimal supplies. At the weekend most filling stations were shut with only a few majors selling, thereby compounding the traffic situation across the metropolis. In Ikeja, Abule-Egba, Ojota, Ikorodu, Isolo and Surulere, Ikoyi mand Victoria Island, the situation is the same. In Abuja, motorists complained that a liter of petrol had hit about N990 with Point of Sale (PoS) operators making brisk business by making a premium from withdrawals to buy the fuel.
Sun