An Ancestors provoking #traffic hit Lagos State as #Fuel Scarcity sits pretty. Hustlers, business men and women, 9-5 workers are all jammed in the traffic following a scarcity and high cost of petrol in the state.
The queues are now seen in various places and the most significant will be the Northwest filling stations that is situated at the construction site of the VGC construction site situated at the Lekki-Epe Express way.
The traffic has left many trekking their way through a long distance, and other sitting in traffic and wondering why they ever left the comfort of their homes. According to report, the said queue is from the aggrieved members of the Petroleum Tanker Drivers and the Nigerian Association of road transport owners (NARTO), who didn’t feel their plee to do something about the rising cost of diesel which their vehicles run on, to enable them transport petrol.
The high cost of diesel is now posing a huge challenge to their petrol distribution business, which is from the depots to the various fuel station around the state. The National Operations controller, IPMAN, Mike Osatuyi accrued the fuel scarcity to inadequate supply as his members hadn’t been getting supplies for days, and this is in addition to the high cost of getting petrol distribution. So they have exhausted their stock and in that case, creating a gap between supply and demand. The ripple effect however, has completely caused a halt in the working society of Lagos State today 21st June 2022.
“We have not been getting supplies in the past three day, which explains why many independent marketers have exhausted their stocks. Also, it should be noted that we get the product at N163 per litre and sell to motorists and other users at between N180 and N200 per litre. Moreover, the high price of diesel, which currently stands at N820 per litre, has compelled us to spend as much as N500, 000 and N800, 000 to take a tanker of the product from Lagos and Ibadan respectively.”
Recall that last week, the Natural Oil and Gas Suppliers Association said that diesel might rise as much as N1500 in the coming weeks if nothing is done to address the situation. The National President of the Association, Bennett Korie, said the only way to crash the rising price of Diesel is for the Federal government to increase the price of petrol.”The only way out, if you want to know, is that they (the government) should increase the price of fuel a little to reduce the money spent on PMS subsidy.I know Nigerians will not be happy to hear this, but this is the only solution.”
The note where Nigerians have found them selves in the middle of the devil and a deep blue sea, has created such a frustrating life for them.