Long queues resurfaced in Lagos on Wednesday as motorists spent hours at filling stations to buy Petroleum Motor Spirit (PMS), popularly known as petrol.
The situation was worse on Ikorodu road, Maryland, Ikeja, Anthony, Bariga, Ilupeju, and Gbagada areas as motorists were agitated for spending hours on queues.
The development left commuters stranded with gridlocks in major areas of Lagos as motorists queued to buy the product.
Only filling stations owned by Major Oil Marketers Association of Nigeria (MOMAN) had petrol and sell at the regulated price of N170 per litre.
Some stations owned by Independent Petroleum Marketers Association of Nigeria (IPMAN) sell between N200 and N210 respectively.
A motorist, who identified himself as Mr Foluso Saliu, told NAN that he had been on the queue since 6.30 a.m. hoping to get fuel and return to work.
He said the government should find a lasting solution to petrol supply in Lagos to avoid panic-buying.
“Scarcity has been frequent during the ember months and l hope it will be addressed,” he said.
Another motorist, Mr Julius Albert, urged filling stations to avoid selling petrol in jerry cans to allow vehicles to buy on time.
Albert appealed to the government to fully deregulate the downstream sector of the petroleum industry if that was the solution to availability of petrol without stress.
According to him, the product seems to be available in some filling stations but they choose to hoard it and sell at higher prices.
Queues were seen at Mobil, NNPC, Conoil, Oando, and Nipco filling stations on Ikorodu road.
Also, queues were cited at TotalEnergies, TMAAC on Bank Anthony road and Conoil, opposite LASUTH.
Reacting to the situation, the National Operations Controller, IPMAN, Mr Mike Osatuyi, blamed the scarcity on private depots and the increasing difficulty in accessing petroleum products.
READ ALSO: Senatorial seat: Akpabio gets nod to appeal judgement
Osatuyi said those that had to sell had to go the extra mile to get the product to their filling stations.
He explained that at the moment, most lPMAN members could not source the commodity due to supply shortage that had lingered.
He said getting petrol to members’ filling stations from the depots now cost as much as N200 per litre in some instances.
“It is a sad development. Some of my members now pay as much as N200 per litre to buy petrol from the depot, including cost of transportation and other charges incurred.
“So, in this situation, how much do you think we will sell petrol at the pump?” he said.
He stated that the fuel situation was not likely to ease up except government found a lasting solution to the supply issue and cost.
According to him, one way to address this is through total deregulation of the downstream sector of the oil industry.
“Total deregulation remains the best solution to ending fuel scarcity.
“The deregulation of the downstream sector remains the only potent and lasting solution to this scarcity.
“But the cost implication of the policy will make the price of petrol too expensive for Nigerians, as deregulation will shift the burden from the government to users of the product,” Osatuyi said.
He said payment of subsidy was no longer sustainable, and urged Nigerians to face reality now to avoid the unpalatable experiences that usually associated with scarcity.
Manchester City manager Pep Guardiola suffered a fifth straight defeat for the first time in…
The operatives of the Nigeria Police Force (NPF) have recovered unexploded military ordnances in Maiduguri,…
President Bola Tinubu has departed Rio de Janeiro in Brazil for Abuja after attending the…
Fire, on Saturday, November 23, 2024, gutted a section at the Ladoke Akintola University of…
Bukayo Saka and Thomas Partey scored stunning goals in the Premier League as Arsenal thrashed…
Lere Olayinka, the Senior Special Assistant on Public Communications and New Media to the Minister…
This website uses cookies.