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fuel scarcity

Marketers say fuel scarcity will linger until depots restock

Some petroleum marketers have said that the fuel scarcity currently being experienced in Lagos and some parts of the country will persist until depots are restocked with quality products.

The marketers explained that the scarcity was caused by the supply of adulterated products to some parts of the country.

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As reported by the News Agency of Nigeria (NAN), the marketers maintained that the directive to withdraw the adulterated product from circulation, even after distribution to filling stations across Lagos and other areas is responsible for the shortfall that sparked panic buying.

“As we speak, the Nigerian National Petroleum Company Ltd is working to ensure that this disruption to the supply chain is addressed as soon as possible.

“However, there is the challenge of logistics and how to compensate those who were supplied with the adulterated products.

“The NNPC is working with marketers on this and once the depots are restocked, tankers will start loading and supply will improve across the country.

“Until we are able to achieve this, queues will remain at the petrol stations because of the panic already created,’’ one of the top marketers told NAN.

An independent marketer who also spoke on the condition of anonymity, said his station stop selling fuel due to complaints of bad quality by motorists.

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“Some independent marketers are not hoarding products as is being alleged. Some of us were affected by the supply we got and we are trying to resolve the situation so that we can continue our business,’’ he said.

Fuel scarcity had resurfaced in Lagos over the past weekend when some filling stations refused to dispense fuel to motorists creating panic buying.