As fuel shortages hit harder, Nigerian government secures supply

Nigerians faced another day of fuel shortages on Wednesday as authorities said they were working on multiple options in a bid to resolve a poor fuel problem that has cut coverage of national stockpiles by 10 days. Millions of Nigerians were thrown into chaos this week amid fuel shortages at oil outlets across the country. Nigeria’s Midstream and Downstream Petroleum Regulatory Authority said earlier in the week that it found gasoline with methanol above national specifications in the supply chain and removed the fuel from circulation. The regulator said the product is being authorized as the limited quantity of the affected product has been isolated and withdrawn from the market, including truckloads in transit. “Our technical team together with NNPC Ltd and other industry stakeholders will continue to monitor and ensure that quality petroleum products are properly supplied and distributed throughout the country. The origin supplier has been identified and the Authority and NNPC Ltd will take further commercial and appropriate action,” the regulator said in a statement on Tuesday. NNPC On Wednesday, the regulatory agency further said that Nigeria currently has enough gasoline for 20 days and advised against panic buying. It added that it was working around the clock to address the challenge posed by the importation of substandard gasoline into the country. an official of the Nigerian National Petroleum Corporation (NNPC) told PREMIUM TIMES on Wednesday afternoon that the various agencies were working to ensure the disruption caused by poor gasoline was resolved. The official, who requested anonymity because he was not authorized to speak to the press, said the nation has enough gasoline in its reserves, adding that normalcy will be restored soon. The sources had earlier told Reuters on Tuesday that the NNPC had asked trading companies for emergency supplies of gasoline to replace shipments that were rejected due to poor quality. One of the sources told the news agency that NNPC was looking for around 500,000 tons of gasoline, but NNPC officials declined to comment on the claim on Wednesday. ‘major investigation’ On Wednesday, the Minister of State for Petroleum, Timipre Sylva, said there will be a “major investigation” into the circulation of the unsafe amount of methanol in gasoline imported into the country. Minister of State for Petroleum Resources, Timipre Sylva Speaking during a press conference after the Federal Executive Council meeting at the State House in Abuja, he said the government is in no rush to impose any measures until the real cause has been discovered. However, it did not reveal the identities of the companies involved in the circulation of the adulterated gasoline. Amid claims of possible litigation by Nigerians whose vehicles have allegedly been damaged by poor fuel, the minister said the Nigerian government will make an assessment of the damaged vehicles. Nigerian Midstream and Downstream Petroleum Regulatory Agency (NMDPR) Chief Executive Officer Farouk Ahmed said the sole supplier of the adulterated fuel has been identified and further commercial and appropriate action will be taken by authorities and the NNPC. Scarcity bites harder Meanwhile, as the government and its agencies scramble to salvage the situation, there were long queues at many gas stations on Tuesday and Wednesday in some of the country’s major cities, including Lagos and Abuja. A PREMIUM TIMES reporter who toured the cities found that the situation was creating chaos at fuel stations in most of Lagos and Ibadan, the capital of Oyo state. PREMIUM TIMES noted that in the Ojoo, Iwo Road, Total Garden and Molete areas of the Oyo state capital, motorists buying fuel waited long hours amid complaints and physical confrontations. In Ojodu, Agege and other parts of Lagos, some motorists turned to black market vendors to refuel their vehicles. In parts of Victoria Island and Ajah, gas stations were besieged by motorcyclists, tricycle owners, and private and commercial drivers. A PREMIUM TIMES correspondent who visited petrol stations in Abuja on Wednesday afternoon found that many petrol stations were closed to shoppers. Most of the gas stations visited also stated that they were without supply. Black vendors were seen selling the product in jerrycans at inflated prices throughout the Federal Capital Territory. Many petrol stations in the Wuse, Gwagwalada, Bannex and Utako areas of Abuja were sold to buyers at prices ranging from N162 to N165. At one of the NNPC outlets in the central business district area, there was a large crowd as motorists scrambled to buy gas. “I am here waiting to buy fuel because I heard that NNPC imported bad fuel into the country and when I saw people queuing I realized that this particular one that they are selling is legitimate fuel,” a commercial driver who refused to publish his name . he told PREMIUM TIMES. advertisements The Obatoil service station located in Wuse was closed on Wednesday afternoon. An official told PREMIUM TIMES that they have been out of stock for a week and do not plan to restock. Azman Oil and Gas Nig Ltd was opened in Wuse, but an official said the station was out of supply. The situation was the same at the Total Energies service station in Zone 2 Junction Wuse and Total Wuse 1, as the station managers claimed that the station was also out of stock. Total Energies When PREMIUM TIMES visited the Nipco service station, located in Bannex, our correspondent discovered that the station only sold to a few ‘selected’ customers. “If you want to buy fuel, wait for the manager when he comes out, tell him you want to buy fuel and see if he approves me to sell it to you,” an aide told a PREMIUM TIMES reporter. “I can’t sell without his approval because he only approved us to sell to a few select people, like his friends or family. nipco service station “I must tell you the truth, even if you meet him now, he will tell you that there is no product, but we have the product.” One resident, Amina Ahmad, lamented the hoarding and misconduct. She said: “You see, I just spoke to the manager now and he told me there is no fuel, but someone called him on the phone when he was with him and told the person who came that he had fuel. “This means that you are hoarding the product to sell to some people and that is very bad.” The Eterna service station located in front of the Austoma service station in Bannex did not sell the product either. In the Kubwa area of ​​Abuja, there was also panic buying as motorists besieged petrol stations. A long queue was also seen at Saddi Kamal on Lugbe airport road, while AFDIN, Shema and Dan Oil along Lugbe airport road were under lockdown. Some motorists who spoke to PREMIUM TIMES alleged that gas stations were hoarding the products. One taxi driver, Segun Oke, said: “Fuel stations are now taking the opportunity of this bad fuel imported into the country to stockpile fuel. Soon they could increase the price of their pump and very soon we taxi drivers will also increase our transportation rate. Ope Ogunlola, said one taxi driver, wondered how the NNPC imported bad fuel into the country and concluded that means they are “not doing their job” properly. “See now, your mistake is causing a big problem for the country,” he said. An official, who identified himself simply as Mathew, said: “This is too unbearable. I was at one of the stations in Lugbe to get fuel but I couldn’t get fuel, all I can tell you now is that the government is making life difficult for the people.” A hairdresser, Salisu Ali, who also spoke to PREMIUM TIMES, said he raised his fee for the haircut because he had to turn to the “black market” for gas. Meanwhile, NMDPR chief Mr. Ahmed said that the NNPC has stepped up efforts to increase the supply of petroleum products in the market to close any unforeseen supply gaps. Read More Related News Here Let here it in the comment below if you do have an opinion on this; As fuel shortages hit harder, Nigerian government secures supply