Oil marketers discuss the current fuel price as FG starts providing emergency supplies.

According to gasoline marketers in the nation, Nigerians will soon be able to purchase fuel conveniently at filling stations around the nation at a discounted price, as opposed to the present range of N700 to N750 per litre.CONTINUE FULL READING>>>>>

Furthermore, according to Daily Trust, gas station lineups would ultimately begin to diminish, according to James Tor, national secretary of IPMAN (Independent Petroleum Marketers Association of Nigeria). According to James Tor, it was the federal government interfering with the logistical issues.

In an effort to address the ongoing shortage and exorbitant pricing at the petrol station, the federal government has sent a 15-day emergency fuel supply to stations nationwide. The commodity will be able to circulate across the nation thanks to the emergency supply. When asked about the situation’s calmness, Tor told reporters, “The fuel stations round.

Merchandise is available at all stations. The president went on to say, “If there is no product, we cannot give away anything. But thankfully, there are products, and the federal government is doing much.” He shared that the NNPCL had opened up some of their depots so that products could be provided and distributed to the public.

There have been logistical resolutions to the fuel crisis in Nigeria, according to the House of Representatives Committees on Petroleum Resources (Midstream and Downstream). The MPs reportedly told the Vanguard that they had resolved logistical concerns, such as the difficulties of transferring items from mother ships to onshore, the use of marine shuttle vessels to transfer cargo, and the interruption in the Escravos channels.

Ikenga Ugochinyere and Hon Henry Odianosen Okojie, who are chairs of the relevant committees, made the announcement during a Wednesday press conference at the National Assembly Complex. Ugochinyere, a lawmaker for Imo State’s Ideato North South Federal Constituency, promised in a joint statement that the petrol shortage that has been plaguing the country for the past several days would soon be over.

The congressman claimed that authorities of the distribution value chain had promised to remove the obstacles. He added that the country’s storage facilities have 1.5 billion litres of fuel, enough to endure for 30 days, and that petroleum products are available based on their findings.CONTINUE FULL READING>>>>>