Monday 23 November 2015

Imo Residents Lament Purchase Of Petrol At 200 Naira

Residents of Owerri, Imo State capital, have been groaning in agony
over the lingering fuel crisis across Nigeria.

This is because many of them have had to stay over two days on long
queues to buy petrol for 87 Naira per litre at Nigerian National
Petroleum Corporation (NNPC) petrol stations.

Other independent petroleum marketers have been selling petrol at the
rate of 200 Naira per litre, a situation which the people have
bitterly complained about.

They appealed to the Federal Government to, as a matter of urgency,
find a lasting solution to this problem, as it is crippling activities
in all sectors in the state.

Speaking to Channels Television, an official from one of the NNPC mega
stations within the metropolis disclosed that the product was
available in large quantity, but lack of patience and panic buying has
been the cause of the long queues.

He added that the station had to extend their selling time till late
in the night, for people to get petrol.

The leadership of the Nigeria Union of Petroleum and Natural Gas
(NUPENG) has said that total deregulation of the downstream sector and
complete removal of fuel subsidy would solve the nation's prolonged
fuel crisisand scarcity.

The National President of NUPENG, Mr Igwe Achese, said that Nigerians
would continue to experience scarcity and inflation in prices of
petroleum products from time to time unless the NNPC returned to its
statutory role, as the sole importer of petrol.

—ChannelsTV

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