Petrol supply to Kwara drops, as black marketers surface in Ilorin

Date: 2021-11-09

Black marketers of petrol surfaced in parts of the Ilorin metropolis on Tuesday as they dispensed the commodity in Jerry cans to interested motorists and other consumers, National Pilot learnt.

Though some filling stations dispensed the commodity at the time of filing this report, it was reliably gathered that there had been shortfall in supply of PmS to Oke -Oyi deport since Monday, making many retailers suspend petrol sales.

Our reporter who went round the metropolis brings reports that some black marketers of petrol were spotted in some key locations in the capital city on Tuesday.

They sold their products in 10-litre Jerry cans at a price between N2,000 and N2,500 to motorists who could not stay in queues at filling stations. Speaking with our reporter on Friday, the state Secretary of Independent Petroleum Marketers Association of Nigeria, Oguntade Kayode confirmed truly that there was a shortfall in the supply of the commodity to Kwara, attributing it to artificial scarcity from Ibadan supply cluster.

"It is true there was a gross declined in the supply of premium motor spirit (PMs) to Kwara State. Ilorin deport is just a terminal and whatever the quantity of supply in Ibadan is proportionate to what we gets in Kwara. "The available petrol product at present in Kwara is not enough and outweighed the demand hence the scarcity experienced across the state in the recent time," Oguntade said.

He added that government is trying to put things in order toward increasing the supply as he urged motorist to stop panic buying ,saying the supply would soon be jackup.

"If you notice, some filling stations in Ilorin are still selling and dispensing the product to motorist, while some few have refused to sell. "We want to appeal to the people of Kwara State not to be distracted by the artificial scarcity and stop panic buying. Every thing will soon normalized, "he assured.

Another marketer who spoke on the condition of anonymity told our reporter that the partial scarcity in Kwara could be due to product hoarding by tank farm owners, as some of the tank farms recently increased their prices. "Petrol scarcity is likely going to happen because there is supply drop and some of the private tank farms have increased their prices from what we used to buy it before. We don't know what the cause is,"he said.

The source added that if the scarcity persist, there will be problem saying most of these tank farm sellers of petrol always feel sceptical about pushing out products towards the end of the month.

"Also, you know we are approaching the festive period of Christmas. So is like there is product hoarding on their part."

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Tayo Awodiji     Elerin Of Adanla Irese     Muhammed Mahe Abdulkadir     AbdulRasaq Abdulmajeed Alaro     Jelili Yusuf     Niguel Gallando Marcias     Toyin Falola     Abdulkadir Bolakale Sakariyah     Joshua Adeyemi Adimula     N-Power     Abdulwahab Olarewaju Issa     Olabode Towoju     Folajimi Aleshinloye     REO CAKES     Kwara State Fire Service     Okasanmi Ajayi     Christian Association Of Nigeria     Oro Grammar School     Balogun Gambari     Abdul Jimoh Mohammed     Chief Imam Of Lafiagi     Smart School     Dan Masanin     Ilorin Durbar     Oluwole Dupe     John Dara     Shehu Alimi Foundation     Peter Amogbonjaye     Nnazua     Ayobola Ipinlaiye     Olofa Of Offa     Ilorin West/Asa Federal Constituency     Goodluck Jonathan     KWSUED     Quran     Wasiu Odewale     IQRA College     Raliat Elelu-Habeeb     Mike Omotosho     Jide Oyinloye     Ajayi Okasanmi     Kwara Politics     Kanu Agabi     Mustapha Akanbi     Ayo Opadokun     ITP     Tinubu Legacy Forum     Seed Technologies     Ilorin Anchor Men And Women     Public Holiday     Hakeem Lawal     Asa LGEA School     Kannike     SSA Youth Engagement     Alabi Lawal     Ojo Fadumila     Ayobami Akanbi     Mumini Ishola Hanafi     Abdulrahman Onikijipa     Mary Kemi Adeosun     April 11     Abdulfatai Ahmed     Salake     Rafiu Ajakaye     Aliyu Alhassan     Jawondo     Ibraheem Adeola Katibi     Babajide Ajayi     Musibau Akanji     Yahaya Seriki     Siraj Oyewale     Abdullah Janet Amudat     Garba Ayodele Wahab     Kwara State Polytechnic     Ibrahim Oniye     Issa Memunat Moyosore     Abdulganiyu Oladosu    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Isiaka AbdulRazaq     Umaru Saro     Sayomi     Rex Olawoye     Saka Onimago     Olaiya Victor Mobolaji     A.E. Afolabi     Nigeria Governors\' Forum     Moses Rahman Popoola     Amina El-Imam     C2c@kwarastate.gov.ng     Pakata Development Association     Okasanmi Ajayi     Abdulrauf Yusuf     Adamu B. Yaqubu     Village Alive Development Association     Baba Adini Of Kwara State     Oyeyemi Olasumbo Florence     Tunji Folami     Alagbado     Ekweremadu     Democracy Day     Idris Garuba     Alfa Modibo Belgore     NIPR     Babata     Wakilin Mata Lafiagi     Kulende     Deji Ajani     Raji Ayodele Kamaldeen     Abubakar Abdullahi Bata     Kudirat Arinola Lawal     Ahmad Fatima Bisola     Patience Jonathan     Kwara Volleyball Association     Saidu Yaro Musa     ASUU     Abdullahi Biffo     Yusuf Ibitokun Sherifat     Www.Kwarareports.com     Olaoye B. Felix     Baruten     Ibrahim Abdullahi     Kwara State Television (KWTV)     Jumoke Monsura Gafar     Balogun Fulani     Taofeeq Olateju     Esuwoye     AbdulRauf Keji     University Road     Suleiman Abubakar     Ilorin Likeminds Foundation     Madawaki Of Ilorin     College Of Health     AIT Ilorin     Lanre Issa-Onilu     UITH     Saliu Ajibola Ajia     Abubakar Olusola Saraki     Damilola Yusuf Adelodun     Umar Ayinla Saro     Undergraduate Bursary     Nigeria Computer Society     Amule Elementary School     Olosi Of Osi     Abdulrasheed Na\'Allah     Rebecca Olanrewaju     PPS     Ilorin West     Salami Adekunle     Yakubu Gobir     Dankaka     AbdulHamid Adi     Fatai Olodo     Ahmad Ali     International Vocational Centre     Idi-Ape