The downstream oil industry in Nigeria has struggled with persistent gasoline shortages. This may take until either June of this year or until the current administration leaves office in May.” Akinrinade added that the cost of fuel at private depots had risen to between N222 and N225.
The Major Oil Marketers Association of Nigeria’s Executive Secretary, Clement Isong, was contacted by The PUNCH to inquire as to why some of its members lacked products.
The Depots and Petroleum Products Marketers Association of Nigeria’s spokesperson, Adewole Olufemi, stated that the depots required additional fuel supplies from the NNPCL. “DAPPMAN cannot be satisfied until and unless the queues are completely eliminated, which will require more volume than usual.
