Wednesday, March 11, 2015

Scarcity: Fuel sells for N120 a litre in Enugu

 
Residents of Enugu State and its environs are gnashing their teeth over the scarcity of Premium Motor Spirit, PMS, at most filing stations in the state. This came as the Federal Government assured Nigerians that the scarcity would ease by last weekend.
 
Vanguard gathered that the scarcity,which is artificial, is allegedly orchestrated by the Independent Petroleum Marketers Association of Nigeria,IPAM, who are protesting the reduction in the pump price of fuel from N97 to N87 per litre. The scarcity has led to a hike in pump price of fuel in the state as some of the filing stations where the product is available sell between N120 and N125, against government price of N87.
 
The prevailing situation has led to long queues where the product is available in the state. The operators have cashed in on the scarcity to alter the meter reading. The quantity of product they dispense per litre is less than what it ought to be.
 
Vanguard.

3 comments:

  1. nawaoooo...Hope it wont reach here.

    ReplyDelete
  2. Igbo man...becayuse it is not happening in your area.

    ReplyDelete

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