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Imo residents lament as petrol goes for N200 per litre

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Residents of Owerri, the Imo State capital, have appealed to the Federal Government to, as a matter of urgency, find a lasting solution to the lingering fuel crisis across Nigeria as, according to them, it is crippling activities in all sectors in the state.

Channels Television reports that many of them have had to spend over two days on long queues to buy petrol for 87 Naira per litre at Nigerian National Petroleum Corporation, NNPC,while other independent petroleum marketers have been selling petrol at the rate of N200 per litre, a situation which the people have bitterly complained about.

However, an unnamed official from one of the NNPC mega stations within the metropolis disclosed that the product was available in large quantity, but that lack of patience and panic buying has been the cause of the long queues.

He added that the station had to extend their selling time till late in the night, for people to get petrol.

The National President of NUPENG, Mr Igwe Achese disclosed that Nigerians would continue experiencing scarcity and inflation in prices of petroleum products from time to time unless the NNPC returned to its statutory role, as the sole importer of petrol.

Meanwhile, the leadership of the Nigeria Union of Petroleum and Natural Gas, NUPENG, has said that a total deregulation of the downstream sector and complete removal of fuel subsidy would solve the nation’s prolonged fuel scarcity crisis.

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