Oil marketers in Nigeria have attributed the ongoing fuel scarcity to persistent logistics challenges, which have constrained their ability to distribute fuel efficiently. This was disclosed by Billy Gillis-Harry, the President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), during a recent interview on Channels Television.
Gillis-Harry emphasized that the current shortage is a result of limited supply, stating that oil marketers are only able to distribute what they receive. “Until our supply challenges are efficiently and abundantly resolved, we will remain in this cycle of scarcity,” he said.
He also referenced a statement by the Nigerian National Petroleum Company Limited (NNPCL) spokesperson, who confirmed that the issues at hand are largely related to logistics. According to Gillis-Harry, the logistics challenges involve ship-to-ship transfers, where delays occur because tankers must first receive products before they can offload to depots. Without sufficient stock at depots, retailers are unable to access the fuel needed to meet demand.
Despite the difficulties, Gillis-Harry assured that marketers are in ongoing discussions with NNPCL to address the supply issues. “We have been in communication with NNPCL, urging them to increase supply. I can assure you they are making efforts,” he added.
The fuel scarcity, which began in Lagos in late July, has now spread to other states across the country. As a result, some fuel stations have raised prices significantly, with some reportedly selling fuel for as much as N1050 per litre.
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