•Petrol scarcity
Long queues resurfaced today, Monday, February 19, at Premium Motor Spirit (PMS) petrol stations in the Federal Capital Territory (FCT) as the Nigerian Association of Road Transport Owners (NARTO) halted tanker operations, citing unsustainable high costs.
The association has notified the federal government and Major Energy Marketers Association of Nigeria of its plan to suspend operations, reports The Nation.
Monitoring the petrol market this morning, it was observed that most petrol stations have shut down.
The few Independent marketers who opened to customers dispensed the product for between N648 to N670 per litre.
The few Nigerian National Petroleum Company Limited (NNPCL) retail outlets that were opened sold the product for N617 per litre amid endless queues.
Besides, black marketers sold 10 litres for N850 in plastic containers.
Meanwhile, the NARTO President, Alhaji Yusuf Lawal Othman, who spoke with our correspondent on phone confirmed that the enforcement of the suspension of operation has just begun.
He said it will culminate in complete stoppage of the haulage of the product.
