Fuel scarcity worsens in Nigeria as IPMAN reveals NNPC hasn't supplied petroleum products for three years. Marketers now depend on private depots, buying fuel at N750 to N850 per liter. This shortage has led to long queues in major cities, exacerbating the nation's ongoing energy crisis.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has disclosed that the Nigerian National Petroleum Corporation (NNPC) has not provided petroleum products to its members for the past three years. As a consequence, marketers are now purchasing fuel from private depots, where prices range from N750 to N850 per liter. This situation has triggered a resurgence of fuel scarcity in major urban areas such as Lagos and Abuja, with drivers lining up at the limited filling stations that still offer petrol.
Shina Amoo, Chairman of IPMAN’s Ore Depot, expressed his frustration over the insufficient supply from NNPC, linking the ongoing fuel shortages to this lack of distribution. He remarked that the current situation has resulted in no available supply, with existing products poorly allocated across filling stations.
Amoo further noted that even when NNPC is willing to sell fuel, delivery times can take as long as five months, rendering such agreements ineffective. “We prefer to source from private depots,” he explained, emphasizing the urgency of the crisis and its implications for consumers and the economy. With rising prices and diminishing supplies, many Nigerians are struggling to secure fuel for their everyday needs, deepening the ongoing energy crisis in the nation.
