The pockets of fuel queues in Lagos emerged few days after the Independent Petroleum Markers Association of Nigeria, Lagos State chapter, accused the Nigerian National Petroleum Corporation of under-supplying its members with petrol. IPMAN had said last week that its members in Lagos and parts of Ogun State might be forced to shut their filling stations by December 11 if the situation persisted. “So many depots are selling above the recommended price of N133 per litre; it is averaging between N140 and N142.5. The corporation urged motorists and other users of petroleum products to disregard rumours of an impending fuel price hike on some online news platforms. It added that motorists should not engage in panic buying or indulge in the dangerous practice of stocking petroleum products in jerry cans at home.

Source: Punch December 05, 2017 02:37 UTC