Nigeria’s ongoing fuel scarcity is expected to persist as oil marketers cite logistical challenges for the shortage of Premium Motor Spirit (PMS). Billy Gillis-Harry, President of the Petroleum Products Retail Outlets Owners Association (PETROAN), explained that supply constraints are affecting distribution. The main issue involves ship-to-ship transfers, where delays in receiving cargo at depots prevent retailers from accessing products.
Gillis-Harry noted that the Nigerian National Petroleum Company Limited (NNPCL) is addressing these issues, but the supply remains limited. The scarcity has led to petrol prices rising between ₦800 and ₦1,000 per liter at some stations and has impacted transportation costs. The situation is exacerbated by black market activities and allegations of debt by the NNPCL, which the company denies, stating it manages trade credit lines and payments systematically.