Monday, June 30, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Featured

Return Of Fuel Scarcity In Nigeria: Marketers Share Insights Into Underlying Causes

Racheal Oloyede by Racheal Oloyede
July 6, 2024
in Featured, News
0
Return Of Fuel Scarcity In Nigeria: Marketers Share Insights Into Underlying Causes
0
SHARES
18
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

 

Oil marketers have revealed the reason behind the return of fuel queues across parts of Nigeria.

Related posts

Over 2 Million Voters Registered For Ondo Poll, INEC Reveals

2027: Deregister dormant political parties, Wole Oke Urges INEC

June 30, 2025
BREAKING: Supreme Court Declares Anyanwu PDP’s National Secretary

JUST IN: PDP NEC Affirms Anyanwu As National Secretary

June 30, 2025

According to the Petroleum Products Retail Outlets Owners Association (PETROAN), the Nigerian National Petroleum Company Limited (NNPCL) is responsible for the current fuel scarcity in Abuja, Nasarawa, and other states.

The President of PETROAN, Billy Gillis-Harry, the non-supply of Premium Motor Spirit (Petrol) by NNPCL has led to the scarcity.

In a recent interview, Gillis-Harry disclosed that he visited numerous filling stations but found no fuel. He said marketers cannot fix prices since they are not importing the product and sell according to the amount they buy.

The reason for the fuel queues and scarcity, he stressed, is that PETROAN members and marketers do not have the product.

Sanusi Tells Secessionists
He said, “Yesterday (Friday), I went to over fifteen filling stations in Abuja, including NNPCL retail outlets, but there is no product. If they say they increase prices, it is their own thing. You sell according to how much you buy the product.

“We don’t have the product, that is the reason for the scarcity. We cannot fix a price because we don’t import the product; it is NNPCL that is the sole importer.

Gillis-Harry also dismissed the notion that the planned commencement of fuel supply by Dangote refinery in mid-July 2024 is responsible for the scarcity. He noted that Dangote refinery has not brought in any fuel, and NNPCL cannot stop importing fuel because of the anticipated supply from Dangote.

Insight Initiative Makes Case For Repositioning Of Nigeria’s Local Govt System
There have been fuel queues in the nation’s capital and neighbouring Nasarawa, as well as other states.

 

Voice Air Media, News Update reports that many filling stations along the Kubwa Expressway, Lugbe, and Airport Road axis were without fuel on Saturday morning.

The National Bureau of Statistics reported that the average price of petrol per litre rose to N769.62 in May 2024.

This comes after the fuel subsidy removal announcement in June last year, which led to pump prices increasing to around N700 per litre from N238.11.

 

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

NANS Declares Support For Okpebholo And Idahosa In Forthcoming Edo State

Next Post

Tinubu Promises To Increase Nigeria’s Electricity Generation, Calls Current Output ‘Unacceptable’

Next Post
Address Industrial Actions And Poor Work Ethics – Tinubu To Nigeria Universities

Tinubu Promises To Increase Nigeria's Electricity Generation, Calls Current Output 'Unacceptable'

RECOMMENDED NEWS

Lagos Govt Apprehend Miscreants For Extortion On Oshodi Bridge

Lagos Govt Apprehend Miscreants For Extortion On Oshodi Bridge

4 months ago
JAMB Boss Weeps As Human Error Forces Lagos, S’East Resits

JAMB Boss Weeps As Human Error Forces Lagos, S’East Resits

2 months ago

Don’t blame Tinubu for Nigeria’s economic woes – Oshiomhole

2 weeks ago
Call Fubara Anything, What Rivers People Want Is Peace: Sara-Igbe To Wike

Call Fubara Anything, What Rivers People Want Is Peace: Sara-Igbe To Wike

1 month ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections Akpabio Alaafin Of Oyo Alaafin Of Oyo Coronation APC Atiku Bola Tinubu Dangote Refinery Defection Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha National Power Grid Nigeria Labour Congress (NLC) Nigerian National Petroleum Company Limited (NNPCL) Nigeria Police Force Nnamdi Kanu NNPC NNPCL Oil Marketers PDP Peter Obi Petrol Price President Ahmed Bola Tinubu Rivers Administrator Rivers Assembly Rivers Crisis Senate Sexual Harassment Tax Reform Bills Tinubu UTME VeryDarkMan WAEC Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • 2027: Deregister dormant political parties, Wole Oke Urges INEC
  • JUST IN: PDP NEC Affirms Anyanwu As National Secretary
  • JUST IN: Damagum, Govs Present As PDP Holds NEC Meeting
  • ECN DG Reiterates Commitment To National Energy Through Renewed Hope Solar Projects

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

Over 2 Million Voters Registered For Ondo Poll, INEC Reveals

2027: Deregister dormant political parties, Wole Oke Urges INEC

June 30, 2025
BREAKING: Supreme Court Declares Anyanwu PDP’s National Secretary

JUST IN: PDP NEC Affirms Anyanwu As National Secretary

June 30, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights