Categories: Economy

Additional 50-Fuel-Laden Trucks To Lagos Deployed By NNPC

The Nigerian National Petroleum Corporation (NNPC) on Monday implored motorists in Lagos State not to embark on panic buying of petrol because it had increased the truck loaded with fuel to the city/state by 50 trucks

 

The Corporation’s Group General Manager Mr Ndu Ughamadu, Group Public Affairs Division, spoke to the News Agency of Nigeria (NAN) in Lagos that the queues at filling stations will soon vanish due to the new development.

 

He further advised people against the storage of fuels in their respectives homes as additional 50  trucks has been supplied to lagos.

 

“About 250 trucks have begun to discharge petrol to Lagos compared to less than 200 trucks allocated to Lagos at the weekend.

 

“Motorists are advised to avoid hoarding and panic buying of petrol as the NNPC has sufficient product in stock that will last several days,” he said.

 

Ughamadu attributed the sudden scarcity of petrol being experienced to a slight change in the distribution network in Lagos.

 

According to him, Lagos is currently being supplied by members of the Major Oil Marketers Association of Nigeria (MOMAN).

 

The NNPC spokesperson also acknowledged that there was a slight hitch at the Port Harcourt Refinery which he said was caused by power problem.

 

“The Port Harcourt Refinery is slightly down for now, pending when the problem will be rectified,” he said.

 

Meanwhile, NAN reports that hawkers had begun to capitalise on the situation to sell petrol to the public at exorbitant prices.

 

The hawkers had been selling the commodity for between N200 and N300 per litre.

 

At Fadeyi on Ikorodu Road, a hawker sold a five-litre gallon of petrol for N1,500 instead of the official price of N725.

 

Also, commercial transport operators had increased their fares by about 50 per cent.

 

It was observed that a trip to Oshodi from Costain now goes for N150 from its former N100 while Oshodi to Sango Ota in Ogun attracts N300 as against the former N200.

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