Petrol May Sell for N200 Per Litre in Rivers, Abia, and Cross River as Taskforce Frustrates Supplies

Petroleum products especially Premium Motor Spirit (PMS) May begin to sell for as high as #200 per litre if the uncoordinated activities of COVID-19 Task Force in Abia, Imo, Cross Rivers and Rivers State is not addressed.

Independent Marketers in these states are blaming the non availability of the product in their depots on the blockage of movements of trucks conveying petroleum products by the Taskforce purportedly on the order of their respective State Government. In Abia state for instance, the Taskforce said it is acting on the order of the State Governor who they claim directed that no vehicle should be allowed in or out of the state. This is however against the directive issued by the President of the Federal Republic of Nigeria, Muhammadu Buhari during his state address where he listed sectors to be exempted from the lockdown which includes the petroleum product supply.

Investigation conducted reveals that while some marketers are not selling due to shortage of products due to supply blockage, some with the products were observed selling far above official pump prices.

This scenario is observed to be growing gradually in other states as they are all blaming the lockdown for product shortage.

Against this backdrop, it is envisaged that the availability and price of petroleum products in this partof the country may soon become a big challenge if the activities of these Taskforce Teams are not immediately addressed.


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