Depots owners, petroleum marketers dare Buhari, insist fuel scarcity will continue unless..

Unless the Mohammadu Buhari-led Federal government pays the outstanding subsidy claim, the scarcity of petroleum products being experienced in the country would  persist, the Depots and Petroleum Products Marketers Association of Nigeria (DAPPMA) has warned.

Mr Adewole Olufemi, the Executive Secretary of the association, gave the warning on Tuesday in Lagos. 

Olufemi said that the marketers had stopped importation of petroleum products because of outstanding subsidy claims and commercial banks refusal to offer members additional loans.

“After the Petroleum Tanker Drivers (PTD) and National Road Transport Association (NARTO) suspended their strike on May 25, all our depots were opened and we dispensed the little the stocks therein.

Petroleum marketer slashes price of kerosene to N110 per litre in Kano

A major independent petroleum marketer in Kano, Alhaji Auwalu Rano, has slashed price of kerosene from N140 to N110 per litre.

The Manager, A.A Rano Petroleum at Yankaba, Kano, Alhaji Lawal Sabo, disclosed this in an interview with the News Agency of Nigeria (NAN) in Kano on Monday.

According to him, the company has directed all its subsidiary filling stations across the country to sell the commodity at uniform rate.