PREMIUM TIMES
Nigerians have continued to lament the hardship caused by the scarcity of petroleum products across the country as businesses and households that depend on generators for power supply groan in darkness.
In recent weeks, motorists across Nigeria have had a hard time getting petroleum products just as commuters continue to lament the ripple effects of the scarcity as a result of skyrocketed transport fares in major cities.
Despite the government’s repeated claims it had enough petroleum products in stock, the scarcity has persisted amid poor supply of electricity across the country.
The recent development is coming amid reports of a pump price increase by the federal government.
Last Thursday, reports claimed that the government quietly approved N185 as the new petrol pump price per litre. But the government, however, denied the claim.
The Minister of State for Petroleum Resources, Timipre Sylva, claimed that President Muhammadu Buhari did not approve any increase in the price of PMS or any other petroleum product.
“There is no reason for President Muhammadu Buhari to renege on his earlier promise not to approve any increase in the price of petroleum motor spirit (PMS) at this time,” Mr Sylva said.
But despite the government’s position, PREMIUM TIMES’ found that Nigerians have continued to suffer scarcity of petroleum products across the country.
“Price Hike
A survey of petrol stations in many parts of the country showed that the fuel prices ranged between N240 and N400 across Nigerian states, far higher than the erstwhile pump price.
A PREMIUM TIMES correspondent who visited petrol stations in Abuja Monday afternoon found that many filling stations were shut, while others were besieged by motorcyclists, tricycle owners, as well as private and commercial vehicle owners.
While many filling stations sold the product at prices ranging from N200 to N250, NNPC retail stations sold the product for N194…
