A couple of weeks ago,
the Federal Government released the sum of N156B to the independent oil
marketers as part of the debt owed. No fewer than later, long queues have
resurfaced at filling stations; man hours lost which has resulted to loss of
huge revenue in the country.
An interaction with few
Nigerians at the filling stations reveals that the situation isn’t getting any
better as some of the filling stations believing to have the petroleum product
(PMS) seem to be hoarding the product, some selling the petroleum product at a
very exorbitant rate other than the normal pump price of N87. Some say that,
some stations selling the fuel also used the medium to reduce their pump by
reaping Nigerians off.
They also reveal that
the long queue has given the black marketers the reason to sell PMS at a very
high price as some black marketers sell 4litres of PMS for N1500.
Meanwhile, Nigerians
are calling on the federal Government to do something very fast to abate the
situation. But analysts say that, until the payment issues between the federal
and the independent oil marketers is resolved, Nigerian will have to leave with
the reality of the fuel scarcity and thriving black market sale of the petroleum product (PMS).
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