Fuel Scarcity: NNPCL Explains Lagos Fuel Queues As “Brief Distribution Issue”

February 6, 2024
Vessels Discharge Hitches Causing Fuel Scarcity – NNPC

Long queues at filling stations in Lagos State have sparked concerns among residents, leading to speculation about a potential fuel scarcity.

However, the Nigerian National Petroleum Company Limited (NNPCL) has moved to allay fears, attributing the situation to what it terms a “brief distribution issue.”

Join our WhatsApp Channel

According to reports, queues were observed at various filling stations along major routes, including the Ikorodu Road and Mobolaji Bank Anthony Way, causing traffic congestion in the Ikeja axis. Furthermore, several stations along key roads like Obafemi Awolowo Road and Ogunnusi Road reportedly remained shut, exacerbating the situation.

READ ALSO: NNPCL Unveils 36 Oil Block Concessions With Global, Local Partners

In a conversation with our correspondent, NNPCL spokesperson Femi Soneye emphasized that there were no supply issues and assured consumers of the availability of petroleum products. He clarified, “The recent tightness experienced in certain areas was due to a brief distribution issue in Lagos, which has since been resolved.”

However, the National Vice Chairman of the Independent Petroleum Marketers Association of Nigeria, Hammed Fashola, suggested that the queues might be a result of panic-buying rather than an actual scarcity. “People are just panicking. However, I will find out what the problem is,” Fashola stated.

On the other hand, the Executive Secretary of the Major Energies Marketers Association of Nigeria, Clement Isong, claimed to be unaware of the situation, citing his absence from Lagos at the time.

The NNPCL’s explanation offers reassurance to consumers amidst concerns over fuel availability, emphasizing that the issue was temporary and localized. Despite the brief disruption, the assurance of continued supply aims to alleviate fears and discourage panic-buying behaviors among residents.

emmmmmm
+ posts

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

U.S Secretary Of State, Blinken Visit Cairo To Discuss Gaza Hostage Deal With Egypt President Sisi
Previous Story

U.S Secretary Of State, Blinken, Visits Cairo To Discuss Gaza Hostage Deal With Egypt President Sisi

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert
Next Story

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Featured Stories

Latest from Business

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

NGX Market Valuation Closes At N92.21trn

The capitalisation of the Nigerian Exchange (NGX) Limited, also known as the stock market, closed at N92.21 trillion on Tuesday, November 18, and the all-share index (ASI) settled at 144,986.51 ASI. Also, equity traders exchanged 381,23 million shares in 21,827 deals, valued
U.S Secretary Of State, Blinken Visit Cairo To Discuss Gaza Hostage Deal With Egypt President Sisi
Previous Story

U.S Secretary Of State, Blinken, Visits Cairo To Discuss Gaza Hostage Deal With Egypt President Sisi

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert
Next Story

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Don't Miss

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th July 2025

What is the dollar-to-naira exchange rate on the black market,

KLEVV Unveils CRAS XR5 RGB DDR5 Gaming Memory

Delivering Mesmerizing Performance & Optimal Stability HONG KONG, 27 September 2022 -/African