In response to the recent fuel scarcity concerns gripping various regions of Nigeria, the Nigeria National Petroleum Company Limited (NNPC Ltd) has attributed the tightness in Premium Motor Spirit (PMS) supply to logistical issues, asserting that these challenges have been effectively addressed.
A statement released by the NNPC Ltd's Chief Corporate Communications Officer, Olufemi O. Soneye, reassured the public that there is no change in petroleum product prices and urged Nigerians to refrain from panic buying, emphasizing the sufficiency of products in the country.
Despite the NNPC's assurances, Abuja residents face challenges as fuel queues reappear across the nation's capital. Motorists contend with long queues at filling stations, slowing down economic activities and leading to increased transport fares due to petrol unavailability.
Major NNPC retail outlets in Abuja, including those at Computer Village, Zone 4, and the Central Business District, witness significant queues, while black marketers seize the opportunity to sell petrol at inflated prices, reaching up to N1,000 per litre.
Meanwhile, in Anambra State, commuters and motorists express dismay over a sudden hike in petrol pump prices from N700 to N730 per litre. The uniform increase in fuel prices across major cities exacerbates the financial burden on residents.