Business
Fuel Scarcity: 80 Million Litres Of Fuel Arrive, Discharge In Lagos

Four vessels arrived over the weekend to discharge fuel at the Ijegun-Egba Tankfarm in Lagos as the protracted petrol crisis still affects various areas of Nigeria, particularly Lagos and its environs.
A inspection to the site revealed that the vessels, which were carrying a combined 80 million liters, were still supplying the tank farm owners with the product.
READ ALSO: Ogun Begins Palliative Distribution Amid Fuel, Naira Scarcity
The tank farm owners including A.A. RANO Nigeria Limited, JGold Nigeria Limited, Chipet International Limited, Emadeb Energy Services Limited, First Royal Oil Nigeria Limited, MAO Petroleum Company Limited, Menj Oil Limited, Ocean Pride Energy Services Limited, Stallionaire Nigeria Limited, Wosbab Energy Solutions Limited and Rainoil Limited would take the product to their outlets as well as sell to independent marketers at the government N172 per litre regulated price.
Operations Controller of the Independent Petroleum Marketers Association of Nigeria, lPMAN, Mr Mike Osatuyi, had earlier said members of the association have started lifting petrol from the facility at the government-regulated price.
He said: “I can confirm that our members have started lifting at the N172 per litre government-regulated price. If the supply is sustained, we look forward to achieving stability in the sector.”
A similar statement was made by Chief Timpre Sylva, Minister of State for Petroleum Resources, who was in Lagos to examine certain filling stallions. He claimed that the government had taken steps to improve the product’s supply across the country.
He said: “I observed the availability of the product in the state. Petrol is everywhere both in Lagos and Abuja. I visited many stations in Ikeja and the mainland and from every indication, there is a product everywhere. I want to assure Nigerians that the queues will disappear in a matter of days.
“The situation which we witness in Lagos has been achieved in 15 states across the country. The President has ordered that queues must be cleared immediately.”
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