Monday, October 29, 2012

Fuel scarcity worsens in Enugu

ENUGU—THE people of Enugu State have been experiencing severe scarcity of petroleum products, particularly Premium Motor Spirit, PMS, popularly called petrol, which now sells between N120 and N125 per litre at stations owned by independent marketers.

The price hike has lasted for one month but while the major marketers always lack products with their stations under lock, the independent marketers usually have enough products on daily basis, which they sell at cut-throat prices, with the motorists and other buyers purchasing with grudges.

Only few major marketers like NNPC Mega Stations, Mobil, Oando and Total located within the Enugu capital city sell at the official pump price of N97 per litre whenever they have the product, but apart from NNPC Mega Stations, other major marketers sell for few hours and shut down their stations apparently to hoard the products.

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