The Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday cautioned of up and coming fuel the nation over.
Its Vice President, Alhaji Abubakar Dankigari told The Nation on telephone that the Nigerian National Petroleum Corporation (NNPC) which sold the item for N133 per liter at the stations, was no longer stacking petrol.
As per him, private stops around Calabar were at that point offering the item amongst N138 and N140 per liter.
He included that the advertisers had chosen to keep their trucks since the Petroleum Equalization Fund (PEF) was at that point owing them over N200 billion for spanning the item.
In the event that this pattern proceeds with, he stated, there will be shortage of petrol and lamp fuel in the following few days.
He said as petrol was hard to get to, lamp fuel was not accessible anyplace in the nation.
He stated: "If care is not taken there will be fuel (petrol) shortage since private stops have begun expanding their rates; they are offering the item at a higher rate now in Calabar.
"Furthermore, the cost of diesel is expanding. It is between N250 to N270 per liter. You can see that the cost of diesel is high yet it is similarly accessible in light of the fact that it has been deregulated. Furthermore, PEF that should pay the vehicle toll is not paying.
"In this way, the advertisers have chosen to keep their trucks. The cash PEF is owing advertisers is currently over N200billion. In the event that this pattern proceeds, there will be shortage and the items will be exceptionally hard to get. There is no lamp oil by any stretch of the imagination.
"The significant issue is that in Calabar, advertisers are purchasing this item at N138 to N140 from the private stations. You realize that what the NNPC said we ought to gather is N133 NNPC yet they are not stacking."
Dankigari noticed that the outside conversion scale is too high for his individuals to import items into the nation.
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