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HAPPENING LIVE: Fuel Scarcity Bites Harder As Black Marketers Smile To The Bank, A Litre Of Fuel Now Sells At The Highest Price

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Emerging report indicates that Black Marketers in Kaduna State and its environs, are having a field day as a result of the hike in the price of petrol.
Reports indicate that many filling stations have been closed, forcing motorists to patronise those selling the product between N400 and N450 per litre.
Long queues of vehicles were seen at different black market spots in the outskirts of the city.
Fuel scarcity has also led to an increase in the price of transport fares, with passengers paying between N1,700 and N2,000 to Abuja, a journey that cost N1,500 before scarcity.
Residents have been lamenting over the current hardship, with many calling on the government to find a solution. 

However, Anthony Amitaye, National President of the Association of Mega Filling Station Owners of Nigeria, AMFSON, said unless his members are “adequately engaged” in the distribution system of petroleum products, the current crisis would continue.
He added that the sudden scarcity was as a result of a breakdown in the distribution chain, where AMFSON members were allegedly boycotted by the Nigerian National Petroleum Corporation, NNPC, retail, to service other markets and outlets.
“The fastest way out of this present predicament, is for NNPC retail to revert to what they have always used to work the magic in times like this”, he said.
“That is using my members across the country (NNPC affiliate stations), because we are strategically located nationwide.
“Concentrating supply on the NNPC Mega stations, cannot make any serious impact on consumers at this time of scarcity.”


HAPPENING LIVE: Fuel Scarcity Bites Harder As Black Marketers Smile To The Bank, A Litre Of Fuel Now Sells At The Highest Price Reviewed by Blessing Admin on 23:44 Rating: 5

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