Skip to main content

Fuel Scarcity Persist-Unsafe Quantity Of Methanol In Petrol

Yesterday, the supply of fuel worsened in Lagos, Ogun, Oyo and Abuja because of limited stocks, due mainly to rejection of new supplies from importers of adulterated fuel into the country.

The Nigerian government says that the petrol imported into the country was found to contain an unsafe quantity of methanol in it and it is not safe for use. This is the reason for the latest round of fuel shortage that has led to long queues in Abuja and other major cities.

The government said methanol, a substance that is usually present in petrol, found in the product exceeded Nigeria’s specification. 

This development has led to the affected fuel being kept off the supply chain, the Nigerian Midstream and Downstream Regulatory Authority said Tuesday.

Nigerians especially in Abuja and Lagos have endured an erratic supply of fuel for nearly a year now, with filling stations operating at reduced capacity despite the government’s repeated claims it has enough stocks.

The regulators have accused Marketers of hoarding the product. This is because, after the suspension of the subsidy removal plan, the Marketers, refused to resume normal operations.

The dilemma started, after the Federal Government announced its plan to remove fuel subsidy in 2021.

Source: Vanguard News.

Comments

Post a Comment

Type your comments here

Popular posts from this blog

GIST!

Music superstar, David Adedeji Adeleke with the stage name Davido, has paid the bride price of his fiancée Chioma Avril Rowland aka Chef. Davido and his family members, reiterated their intentions to marry Chioma by paying her bride price in full, in the presence of her entire family. Photos from Chioma's bride price payment have surfaced online. Chioma's dad can be seen in photos taking charge of things at the meeting. The yams, drinks, and other items were presented.  

The CBN Reverses Its Decision And Sets New Limit On New Naira Note Withdrawal

The Central Bank of Nigeria had initially stopped the withdrawal of the new Naira notes over the counter, directing commercial banks to instead dispense the cash through their Auto Teller Machines (ATM) to the public. Thursday, 2, February 2023, the apex bank has now backtracked on that decision, it is informing the commercial banks to resume over-the-counter withdrawal of the new N200, N500 and N1,000 notes. The Central Bank of Nigeria, has set a new directive of a maximum daily payout limit of N20,000, consisting of redesigned Naira notes, to each customer.  “In line with this resolve, the Governor, Mr Godwin Emefiele, has directed deposit money banks (DMBs) to commence the payment of the redesigned Naira notes over the counter, subject to a maximum daily payout limit of N20,000.  “We also admonish members of the public to embrace and adopt other payment channels for their transactions.  “The Naira is our legal tender and symbol of national pride. Therefore, let us resp...

In a Flash - Nigerian News Dailies

* The Punch: Atiku battles to avert PDP’s collapse, Wike’s loyalists threaten defection The crisis rocking the Peoples Democratic Party ahead of the 2023 general election has worsened with the loyalists of the Rivers State Governor Nyesom Wike threatening to leave the party if their principal (Wike) defects. Read More  The Punch * $1 Natural gas sold to Portugal in 2022, says NNPC. The  Nigerian National Petroleum Company Limited on Thursday said it had sold over $1bn worth of natural gas to Portugal this year. Read More  The Punch * North-West APC in crucial meeting over VP slot. Read More  The Punch * Daily Post EDUCATION ASUU strike: NLC moves to force FG, lecturers to resolve issues immediately. The Nigeria Labour Congress (NLC), says it will embark on one-day nationwide protest to compel the Federal Government to find immediate resolutions to contending issues with education sector unions. Read More  Daily Post * Army confirms killing of unspecified number ...