Fuel sellers have for the time being reduced buying of fuel as well as some filling stations have closed down owing to doubt about the price of petrol after a disruption in the flow of fuel from Dangote Refinery.
The Chairman of the IPMAN Western Zone, Chief Oyewole Akanni, said many marketers were reluctant to buy any new stock as they did not know what would happen tomorrow about the prices of fuel.
Addressing newsmen in Ibadan, he said that this had been caused by the disruption of petrol loading at the Dangote Refinery four days ago.
The cost of petrol in private depots in Lagos is currently between ₦1,200 and ₦1,220 per litre without transportation cost. According to him, some marketers who bought the product recently paid up to ₦1,220 per litre.
He went on to say that the confusion has led to a shortage of petrol at some stations because the station owners are waiting for clarity before purchasing the product.
“There is no scarcity of petrol, so Nigerians need not worry. But the price of petrol at the pumps may rise if things continue,” Akanni stated.
Dangote Refinery did not give any early warning for the shutdown of petrol 1sale, leaving many marketers stranded.
Akanni stated that four truck loads of petrol intended for his filling stations were still at the refinery owing to the halt in loading operations.
He further noted that NNPCL was equally impacted as it obtains its products from the refinery.
According to the IPMAN representative, he was optimistic that once the problem was sorted out at the refinery, supply will get back to normalcy
