Supply hitch may likely prevail till next week to due suspension of product loading on Friday and Saturday according to a marketer.
Meanwhile, the leadership tussle rocking the Independent Petroleum Marketers Association of Nigeria has aggravated the scarcity of refined petroleum products across the country, the National President of the body, Mr. Obasi Lawson, has said.
According to him, the association controls over 60 per cent of the retail outlets for refined petroleum products in the country, adding that the crisis had prevented most members of the group from having access to the products.
Product is being sold at the depots, the source said, “It will be difficult to regulate the market now because we have an abnormal situation. Fixing the N82 per litre price for petrol at the depots is not feasible now. It will take some time before it will be business as usual.”
Marketers of petroleum products said on Tuesday that the current petrol supply challenge would continue throughout the week.
Currently,prices of fuel ranges between 100-200 naira despite strike has been called off.
It will be recallled that their has been fuel scarcity which has bite the nation harder and a meeting between oil marketers and FG led to the resolution of the matter on Monday.