Connect with us

Hi, what are you looking for?

National

Motorists lament hike in price of petrol in Osun

fuel scarcity

The News Agency of Nigeria (NAN) reports that some Osun drivers have complained about the rise in gas prices brought on by the fact that most gas stations are out of stock.

A NAN correspondent who visited some filling stations in Osogbo, the state capital, and its environs reports that, despite the fact that petrol is priced between N280 and N300 per litre, long vehicular queues were observed at the few fuel stations that sold the commodity.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) closed eight filling stations in Osun on January 5 for allegedly selling petrol at a price higher than the government-approved pump price of N165 per litre.

During the exercise, the state’s NMDPRA Coordinator, Mr Kunle Adeyemo, stated that the agency’s routine surveillance of filling stations was aimed at informing the public that the Federal Government-approved pump price of petrol had not changed.

Adeyemo also assured that the authority would sustain its daily surveillance operation until all marketers within the state revert to the government-approved price.

A motorist in Osogbo, Mr Joseph Efunkunle, complained about the inconsistency in price of petrol in most filling stations he had visited.

Efunkunle said that petrol was sold at N300 per litre at Okanlawon filling which had a long queue of vehicles that spilled to the main road.

He said that at some filling stations fuel was sold between N280 and N285 per litre in Osogbo and the outskirt, while majority sold at N300 per litre in other areas of the state.

Also, Mr Lawal Adbdullahi, a civil servant, appealed to governments at all levels to intervene in making the commodity available and also at affordable price.

Abdullahi said that the need to remove petroleum subsidy was paramount only if the commodity could be made available to the end users.

He said that the so-called cabals in the oil industry must be checkmated if the issue of price hike or scarcity would be resolved permanently.
Abdullahi said the scarcity of fuel had led to increase in prices of foodstuffs and other daily consumables.

Mr Bukola Mutiu, Chairman, Independent Petroleum Marketers Association of Nigeria (IPMAN) in charge of Oyo and Osun, in an interview with newsmen in Osogbo on Tuesday, said that the Federal Government should remove petroleum subsidy for the masses to enjoy the product.

Mutiu said that the Nigerian National Petroleum Company (NNPC) was faced with challenges of getting petroleum products to its conventional depots especially in South-West, adding that the five depots in the region were not functional.

“We have depots in Ibadan, Ore, Mosimi, Ejigbo (Eko) and Ilorin and none of them is working despite owned by NNPC. There are 21 NNPC depots across the country with none of them working.

“Also, since the commodity cannot get to conventional depots of NNPC, they resort to using private depots that are effective, to drop fuel in order to get to the masses through IPMAN..

“We load the products at an official rate of N152 from private depots after NNPC might have given them at a cheaper rate of N113 per litre and they sell to marketers at N180 or thereabout, on or before now, but recently things have gone worse.

“For over six months now, private depots have blocked the avenue of getting petroleum products to buy from them, giving flimsy excuses.

“And recently, on Jan. 23, we bought such commodity from the private depots at the rate of N275 per liter without them conveying such commodity for us,’’ he said.

Mutiu further said that the association had written severally to NNPC in Abuja on the dangers of hike in price of fuel before now, adding that he was among the committee members that visited the Corporation in Abuja.

“I was among those that visited NNPC in Abuja telling them of the present realities that we are facing and the need for them to do the needful.

“We buy PMS at an outrageous amount from the private depots and that is why you are seeing our members selling to motorists at an expensive price.

The IPMAN executive added that some major marketers like BOVAS, among others, who sell PMS at an official rate, do have depots of their own and load from the depots to their filling stations.

“We want to buy this product directly from NNPC, and not from third parties, so as to make the end users enjoy such at a reasonable price.

“I believe once this is addressed, there will be reduction in price of PMS and not what motorists are facing now,” Mutiu said. (NAN)

You May Also Like

Entertainment News

Nollywood veteran actor Patrick Doyle was recently on PlusTV Africa’s “Tea Time” show where he spoke about a need for a balance of family...

Entertainment News

Popular crossdresser, Idris Okuneye better known as Bobrisky has expressed his gratitude to actress Eniola Badmus for turning up for him. Kemi Filani news...

Entertainment News

Nigerians on Instagram have resorted to insulting and blasting Nigerian music artist manager and the founder of record label Made Men Music Group, Ubi...

Entertainment News

Actress, Seun Osigbesan, who is well known for playing the role of Jennifer, in the popular TV series, The Johnsons has revealed that she...

Sport

West Ham boss David Moyes has lambasted the VAR decision to cancel a goal scored by one of his players. Kai Havertz gave Chelsea...

Entertainment News

Minutes after denying ever cheating on her estranged husband, Korra Obidi has been slammed with receipts. KemiFilani recalls that after Justin Dean, an American performance...

Entertainment News

Alaafin of Oyo’s estranged queen, Ola took to her Instastory on Instagram to open up about her marital status and why she left the...

Entertainment News

Controversial faceless gossip, Gist Lover has set the internet in a frenzy after unveiling the alleged crisis rocking Rita Dominic’s marriage. Kemi Filani News...

Entertainment News

Fine Boy Nollywood actor Frederick Leonard has called out his female colleagues for stinking. The movie star who obviously couldn’t stand the offensive smell...

Entertainment News

Nollywood actress and producer, Rita Dominic has stepped out for the first time with her husband, Fidelis Anosike since news of his alleged affair...

Entertainment News

Ibidun Ajayi-Ighodalo’s mum had planned to gift her a house on her 40th birthday which would been on July 19. Her brother in-law, Asuen...

Entertainment News

Nollywood actress turned Evangelist, Eucharia Anunobi has reacted to the reports that she is allegedly having an affair with her 27-year-old colleague;  Identified as...

Page was generated in 0.220538854599