According to the Independent Petroleum Merchants Association of Nigeria (IPMAN), the current shortage of Premium Motor Spirit (PMS) in the South-East may not end soon due to the difficulties marketers face in acquiring products.Information Guide Nigeria
In an interview on Saturday in Awka, Chinedu Anyaso, chairman of IPMAN, Enugu Depot Community in charge of Anambra, Ebonyi, and Enugu, said this.
Mr. Anyaso stated that the quantity of products entering the South-East has decreased by more than 50% when compared to regular times.
He stated that nothing indicates an improvement in the situation at the moment, since some of them have still to receive goods they paid for more than a month ago, unless the federal government takes extreme measures to flood the area.
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“Our members who got NNPC allocation last year, paid for products since December, up till now they have not received their supply, rather, they asked them to pay additional money for which most of them made overdraft of between N1.4 million and N1.6 million.
“As you can see, most filling stations in the zone have shut down because they can no longer source products normally, those that have to pay through their nose to get it, that is why there are abnormal rates because they have to recover their cost and make some profits.NYSC portal
“It is impossible for the authorities to enforce price now because they are supplying products, our people are making an extra effort to ensure our people have products to buy even if it is expensive,” he said.
Mr Anyaso said in addition to the hardship the people are facing due to the scarcity and high prices, thousands of outlets stand to lose their jobs if problems persist as no marketer would continue to pay workers when they are not in business.
A correspondent who monitored the situation in Awka on Friday reports that petrol now sells for between N400 and N450 per litre and between N500 and N600 in the black market, depending on time.
Most filling stations are closed for lack of petrol while a few that are selling are doing so at a very high price with long queues.JAMB Result
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