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Tag Petrol

Economy

8 ships arrive Lagos ports with petrol, other commodities

8 ships arrives Lagos ports with petrol, other commodities
By Aisha Cole
Ships
Lagos, May 15, 2018 (NAN) No fewer than eight ships laden with various products, including petrol, are at the Lagos ports waiting to berth, the Nigerian Ports Authority (NPA) said on Tuesday.
The NPA disclosed this in its daily “Shipping Position” made available to the News Agency of Nigeria (NAN) in Lagos that six of the vessels were waiting to berth with petrol.
It said that six of the vessels were waiting to berth with petrol while another two ships would berth with bulk fertiliser and bulk sugar.
It added that 28 other ships laden with petroleum products, food items and other goods were expected at Apapa and Tin-Can Island ports between May 15 and May 26.
The expected ships are carrying buck wheat, container, frozen fish, bulk sugar, base oil, pet coke, buckwheat, bulk fertiliser, empty containers, diesel and petrol,’’ it said. (NAN)
AIC/MUYI/MST
Edited by Muhyideen Jimoh/Muhammad Suleiman Tola

Economy

Port Harcourt: Residents urge FG to enforce official pump price at filling stations

NAN-HE-1
Petrol
By Jane-Frances Oraka
Port Harcourt, Jan. 24, 2018 (NAN) Some residents of Port Harcourt have urged the government to ensure its agencies regulating the sale of petroleum products stopped filling stations from selling above the approved pump price.

The residents made the call when they spoke with the News Agency of Nigeria (NAN) on Wednesday in Port Harcourt against the backdrop of the products’ scarcity.

They decried the sale of Premium Motor Spirit (PMS) popularly known as petrol at N220 per litre instead of N143 or N145 by independent marketers in the state.

A taxi driver, Mr Ifeanyi Umeh, accused the independent marketers of inflating the pump price, saying that they had become a problem in the oil retail sector.

“Most of them have fuel but it is either they sell at N220 per litre or they hoard the fuel; it is not fair to most Nigerians.

“For me, I buy from the marketers because of my business as a taxi driver and because there is no queue at their stations due to the high price.

“After buying, I recoup my money by charging an increased fare due to the situation.

“But if I am a private man, I would rather sleep at the filling station with approved pump price than buying at N220,’’ he told NAN.

A trader, Mr Tam Igbani, said that the government should stop the petroleum crisis in the country due to its negative effect on the masses.

“Imagine paying N400 instead of the previous N200 from Obigbo to Mile 1 Park as transport fare for a commercial bus; it is not fair enough at all,” he said.

A public servant, Mrs Nkem Azuka, said that she had stopped making large pot of soup because she could not afford petrol to power her electricity generator to preserve it.

“Since this month, I lost three pots of soup because the temperature has been high in the city and with the attendant high cost of fuel; I cannot afford to power my refrigerator.

“We have not had power supply for about eight months now and we have relied on electricity generator.

“But with the high cost of petrol, coupled with the payment of school fees and house rent, we decided to manage our poverty level,’’ Azuka said.

Azuka, who said that they lived at Okporo road area, said that cooking soup everyday was not only uneconomical but stressful to her as well.

She called on the government to alleviate the sufferings of the masses.

A major petroleum dealer on Aba road, who spoke anonymously, accused independent marketers of being very greedy.

He commended the Federal Government for not listening to the demands of the marketers and said that with time, they would behave themselves.

According to him, they are selling at high price because some Nigerians patronised them, if not, hunger would have forced them to sell at the normal price.

“As far as I am concerned, the independent marketers are very selfish and aim at adding to the sufferings of Nigerians; Nigerians should ignore them.

“We will not hoard petrol and will continue to sell at the officially approved pump price,’’ he said.

NAN reports that long queues are seen at major marketers and the NNPC Mega Filling Stations, resulting in increased transport fares by about 100 per cent. (NAN)
JEO/DOE/PDE
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(Edited by Dianabasi Effiong/Peter Ejiofor)

General news

Abuja residents spend Christmas in petrol queues

NAN-H-38
Queue
By Nana Musa
Abuja, Dec. 25, 2017 (NAN) Most Abuja motorists celebrated Christmas on long queues at filling station as the scarcity of petrol continue in the territory.

The News Agency of Nigeria (NAN) observed long queue in most fuel stations visited on Monday, which included NNPC, Oando and Total filling stations.

Mr Chris Abiti, in an interview with NAN, said he and his family have been at the NNPC Mega Station in Central Area for more than an hour and it’s getting closer to his turn.

Abiti said that something urgent needed to be done to avert the recurrent scarcity during festivities, especially Christmas and New Year seasons.

“It’s not the leadership problem or government at fault. It’s a systemic failure of some private company and individuals causing the problems.

“Something urgent most be done to spare Nigerians from this yearly agony. We should not continue like this,” he said.

Abiti added that NNPC mega station was better than other fuel stations because the queue moving.

In a separate interview, Aminu Ibrahim, said he was not happy about the fuel situation, “festive season should be enjoyed and not spent in the fuel station”.

He called on the Federal Government to passionately look into the fuel problem in 2018.

Similarly, Mr Teso Joseph, told NAN that he has been at Oando filling station at Zone 4 for over five hours and that the queue is not really moving.

He said the station staff sell to some selected people and also in kegs.

NAN reports that fuel scarcity began in Abuja and other parts of the country since early December. (Nan)
NHM/IS
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Edited by Ismail Abdulaziz

Economy

Petrol sells at N220p/l in Katsina – Survey

Petrol sells at N220p/l in Katsina – Survey
NAN-H-44
Petrol
By Zubairu Idris
Katsina, Dec. 25, 2017 (NAN) The scarcity of petroleum products is biting harder in Katsina State as most independent marketers increase price of petrol to over N220 per litre, the News Agency of Nigeria (NAN) reports.

A survey conducted by NAN indicated that only the NNPC Mega station on IBB Way, Himma, Oando, Mutunchi, AA Rano and Matrix filling stations are selling the product at the official pump price of N145 per litre within Katsina metropolis.

Long queues were recorded in these few filling stations where motorists spend several hours to get the commodity.

NAN also observed that with the exception of NNPC Mega station, most of the filling stations selling petrol within Katsina metropolis, only one or two pumps dispense the product despite the long queues.

The situation is even worst in places like Charanchi, Kankia, Ingawa, Kurfi, Dutsinma, Kankara and Malumfashi, among others, where most of filling stations remained closed while few others sold at more than N220.

Motorists in those places mostly buy petrol from the black market and the price per gallon of four litres varies from place to place ranging from N1,200 and above.

Most of the motorists interviewed by NAN decried the situation and called on government to resolve the problem.

They noted that an increase in the price of petrol could affect other sectors of the economy.

Malam Yusuf Abdullahi, a motorist, said most of the filling stations hoard the product and sell it at will and at exorbitant price.

“It is unfortunate that Nigerians still suffer to get petrol at the official rate.

“We want the government to hasten taking stringent measures against marketers either diverting or hoarding the product to serve as deterrent to others,’’ he said.(NAN)
ZI/MST
Edited by Muhammad Suleiman Tola