SpyLoaded Forum
General Category => SpyLoaded News => Topic started by: Holayinka54 on November 08, 2015, 08:05:26 AM
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The scarcity of Premium Motor Spirit (PMS), commonly known as petrol, which hit the country few days ago, is beginning to subside following the approval of N413billion by the Federal Government for immediate payment of outstanding subsidy claims to oil marketers in the country . The payment according to government was to facilitate importation of petroleum products to ease scarcity, which has become a recurring crisis, especially in the last quarter of every year.
When Sunday Vanguard, visited some filling stations within Lagos metropolis, it was observed that long queues found initially at many outlets were disappearing. But the situation at Apapa depots where petrol is often loaded from and distributed to other parts of the country was a different scenario entirely.
While going round some depots, Sunday Vanguard learnt that buying petrol from depots poses a big challenge to many marketers, especially those coming from the eastern parts, Kaduna, Kano, far north and other places outside Lagos. Our team gathered that while some marketers buy from third parties almost at the official pump price of N87, which they ought to dispense at the outlets, others spend days, incurring so much expenses before getting the products from