The Nigerian National Petroleum Company Limited(NNPC ltd) has addressed the currency fuel scarcity in the country.... CLICK TO READ THE FULL NEWS HERE▶▶
In a statement signed by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd, the company said the current scarcity is due to distribution challenges.
Part of the statement reads: “The NNPC Ltd regrets the tightness in fuel supply witnessed in some parts of Lagos and the FCT, which is as a result of distribution challenges.”
Filling stations adjust fuel prices
Amid the scarcity, Filling stations in Abuja, Lagos, and other states have again adjusted their petrol pump prices upwards.
Legit.ng observed that motorists were buying fuel at some open filling stations at prices ranging from N750 per litre to as high as N900 per litre, depending on locations.
A motorist, John Ekeh, at Ikotun, told Legit.ng that he paid N820 per litre.
Daily Trust also reported changes in pump prices at filling stations in the satellite towns of the FCT selling at N1,000 per litre.
While fuel is sold at N900-N950 in Calabar, Cross River state, motorists in Kano said they bought the petrol for N950 per litre
Dangote Refinery sets date for petrol production
The Dangote Refinery pushed back petrol production from the facility due to crude oil supply challenges.
The facility initially set August 11 and 12 as the dates for the beginning of petrol production.
Sources say the refinery expects to pump its first petrol into the Nigerian market at the end of August.
