The National Association of Energy Correspondents has expressed concerns about the lingering fuel scarcity in Nigeria, urging all relevant government agencies in the downstream petroleum sector to collaborate in arresting the prevailing chaos in the fuel market.
“Black marketers have not only returned, but they have also been smiling to the banks at the detriment of helpless and hapless Nigerians. The Nigerian National Petroleum Company Limited stations and marketers, both independent and majors, have hiked their pump prices for Premium Motor Spirit otherwise known as petrol, for the second time in less than sixty days. The lowest price for the product is now N185 per litre from N175 per litre sold two months ago.
“Though marketers have attributed the present petrol queues across the country to exceptionally high demand and bottlenecks in the fuel distribution chain, it is however clear that the distribution value-chain is broken and worsened by a weak regulatory system. It added: “NAEC ,therefore, recommends that NNPCL should ensure a transparent subsidy system that will allow the supply figures and cost templates that provide basis for subsidy claims to be verifiable.
Nigeria needs a massive protest. ☹️
The energy correspondents must not join the league of political rhetoric; their task is to investigate the root causes and expose the underlying issues, factors and persons responsible. That's the media's responsibility
APC wants us to remember the dark days and frustrating days of PDP government where scarcity of fuel persist throughout the year because many Nigerians forget things easily .
Do you wish to vote for those who kept us like this.A Litre of fuel 300 Naira yet difficult to get.
They have lost the touch. They have nothing to offer us again
And APC still get mind to campaign