Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/allnimfuu/allnaijaentertainment.com/wp-includes/functions.php on line 6114
Fuel Scarcity Worsens, Abuja Black Marketers Sell For ₦350/Litre – All Naija Entertainment
Connect with us
X
Categories:

News

Fuel Scarcity Worsens, Abuja Black Marketers Sell For ₦350/Litre

Published

on

Share this post:

DOWNLOAD MP3 SONG

The lingering fuel scarcity worsened in some parts of the country with motorists buying petrol between N300 and N350-litre in Abuja on Monday.

Some Abuja residents, who spoke with our correspondent, lamented the spike in the price of PMS as well as the difficulties experienced in accessing the product.

A motorist, who gave his name as Michael Adebanjo, said black marketeers were selling fuel between N300 to N350 as of Monday.

He said, “I’ve been buying from black marketeers between N300 to N350 per litre. There is no fuel in most filling stations in Abuja. The ones that have, there’s a very long queue. Since, I don’t have the time to wait, I often resort to the black market.”

Another motorist, who gave his name as Ubong Edet, said that while he was able to buy the product for N250 at a filling station over the weekend, difficulty in accessing it forced him to buy at N300 per litre at the black market.

“I bought for N250 on Saturday. I had to join a very long queue before I could even get it that day. Today, it was even more difficult. The queues are something else. So I decided to buy black market today. I bought it for N300 per litre.”

In Abuja, Khalif filling station in Kubwa, had dispensed the commodity at N250/litre on Sunday but had N165/litre displayed on its pumps. But once a motorist tells the fuel attendant the amount he or she wishes to buy, this would be calculated based on black market rate.

The queues for petrol in Abuja has never ceased since February this year, but it grew worse in neighbouring states of Nasarawa and Niger on Sunday as motorists search for PMS to use to move around during the Sallah break.

Oil marketers denied claims of products’ hoarding or diversion, as they stressed that the insufficient supply of PMS by NNPC and the non-payment of bridging claims for the transportation of petrol were the key reasons for the scarcity.

The President, Petroleum Products Retail Outlets owners Association of Nigeria, Billy Gillis-Harry, told our correspondent that filling stations that had products were dispensing, while those that were shut had no petrol to sell.

However, further checks show that the queues for Premium Motor Spirit, popularly called petrol, reduced in some parts of Abuja and neighbouring Nasarawa and Niger states on Monday as more filling stations dispensed the product to motorists.

RECOMMENDED  Andy Murray next play in US Open 2022

It was observed that more filling stations on the Kubwa-Zuba road, Airport Road, Central Business District, among other locations in Abuja had reduced queues on Monday.

Retail outlets such as AY Shafa in Deidei, NNPC mega station along Kubwa-Zuba road, Major Oil on Airport Road, and many others dispensed petrol to motorists.

The reduced queues, according to marketers, may be due to the fewer number of vehicles on the roads as many residents of the capital city were believed to have travelled to observe the Sallah break outside Abuja.

The National Secretary, Independent Petroleum Marketers Association of Nigeria, Chief John Kekeocha, however, stated that more trucks had loaded products and were heading Abuja.

He told our correspondent that “we are hopeful that very soon the queues in Abuja and environs will clear if all things remain equal and there is no continued agitation for payment of bridging claims.

“On price disparity, this is because many marketers bought their products at higher rates above what was approved by the government and they have to get the required margin in order to remain in business.”

Kekeocha added, “However, there has been no official pronouncement of any review in petrol price whether upward or otherwise. So the official price of petrol still remains at the N165/litre government-approved rate.”


Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment
Chief Oyerigha Echo Toikumoh - The Earlier The Better
Music2 weeks ago

[Music] Chief Oyerigha Echo Toikumoh – The Earlier The Better

Enzo Maresca and Mikel Arteta stated they will not take Pep Guardiola's place at Manchester City
Sports2 weeks ago

Enzo Maresca and Mikel Arteta stated they will not take Pep Guardiola’s place at Manchester City

Alan Shearer reckons Liverpool star is ‘not going to get better’
Sports2 weeks ago

Alan Shearer reckons Liverpool star is ‘not going to get better’

NECO examiners threaten nationwide protest over unpaid entitlements
News2 weeks ago

NECO examiners threaten nationwide protest over unpaid entitlements

Jonathan congratulates Trump on historic election win
News2 weeks ago

Jonathan congratulates Trump on historic election win

Peter Obi can become president in 2027 — Yunusa Tanko
News2 weeks ago

Peter Obi can become president in 2027 — Yunusa Tanko

Dua Lipa forced to cancel show after ‘unforeseen safety issues’
Entertainment2 weeks ago

Dua Lipa forced to cancel show after ‘unforeseen safety issues’

Uzoamaka Onuoha wins Best Female Performance in a feature at AFRIFF 2024
Entertainment2 weeks ago

Uzoamaka Onuoha wins Best Female Performance in a feature at AFRIFF 2024

'Phoenix Fury' bags Best Film award at the 13th edition of AFRIFF
Entertainment2 weeks ago

‘Phoenix Fury’ bags Best Film award at the 13th edition of AFRIFF

Vivo begins teasing new Dimensity 9400 flagships internationally
Technology2 weeks ago

Vivo begins teasing new Dimensity 9400 flagships internationally

Google Pixel 11 and Pixel 11 Pro may trade performance gains for longer battery life
Technology2 weeks ago

Google Pixel 11 and Pixel 11 Pro may trade performance gains for longer battery life

Manchester United players warned ‘only one is safe’ under Ruben Amorim
Sports2 weeks ago

Manchester United players warned ‘only one is safe’ under Ruben Amorim

Austin DeAnda given impromptu makeover after he is forced to have haircut in the middle of fight
Sports2 weeks ago

Austin DeAnda given impromptu makeover after he is forced to have haircut in the middle of fight

IG orders punishment for errant cops
News2 weeks ago

IG orders punishment for errant cops

Be ready to recover stolen mandate — Ighodalo tells PDP
News2 weeks ago

Be ready to recover stolen mandate — Ighodalo tells PDP

No part of Ogun will be ceded under my watch — Dapo Abiodun
News2 weeks ago

No part of Ogun will be ceded under my watch — Dapo Abiodun

Ruger calls out auto tune and hype culture in music
Entertainment2 weeks ago

Ruger calls out auto tune and hype culture in music

I hate to play same role repeatedly — Actress Bimbo Akintola
Entertainment2 weeks ago

I hate to play same role repeatedly — Actress Bimbo Akintola

Fans split on Davido, Wizkid, and Burna Boy's Grammy nominations.
Entertainment2 weeks ago

Fans split on Davido, Wizkid, and Burna Boy’s Grammy nominations

Samsung Galaxy S25 Slim: Leaker reveals launch details for Samsung's rival iPhone 17 Air
Technology2 weeks ago

Samsung Galaxy S25 Slim: Leaker reveals launch details for Samsung’s rival iPhone 17 Air

Realme names first smartphone to get Android 15 beta worldwide
Technology2 weeks ago

Realme names first smartphone to get Android 15 beta worldwide

England interim manager tipped for surprise Premier League job
Sports2 weeks ago

England interim manager tipped for surprise Premier League job

Hakim Ziyech mocks Israeli supporters attacked in Amsterdam
Sports2 weeks ago

Hakim Ziyech mocks Israeli supporters attacked in Amsterdam

Court jails seven for internet fraud in Kaduna
News2 weeks ago

Court jails seven for internet fraud in Kaduna

Edo APC criticizes Obaseki’s last-minute appointments
News2 weeks ago

Edo APC criticizes Obaseki’s last-minute appointments

Edo PDP announces caretaker committee
News2 weeks ago

Edo PDP announces caretaker committee

Tems makes history after securing 3 nominations for the 67th Grammys
Entertainment2 weeks ago

Tems makes history after securing 3 nominations for the 67th Grammys

Beyoncé surpasses Jay-Z to become the most nominated artist in Grammy history
Entertainment2 weeks ago

Beyoncé surpasses Jay-Z to become the most nominated artist in Grammy history

Davido, Wizkid, Tems, Asake make 2025 Grammy nominations
Entertainment2 weeks ago

Davido, Wizkid, Tems, Asake make 2025 Grammy nominations

Davido, Wizkid, Tems, Asake make 2025 Grammy nominations
Entertainment2 weeks ago

2025 GRAMMY: Academy unveils category changes ahead of nomination event

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Final Episode 13)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 12)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 11)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 10)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 09)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 08)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 07)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 06)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 05)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories2 weeks ago

[STORY] THE PASTOR’S DAUGHTER (Episode 04)

ANE Billboard Hots



Join "ANE sabi" clique

Don't miss a thing, get ogbonge ANE latest updates to fuel your conversation daily.