The Petroleum Product Retail Outlets Owners Association of Nigeria has explained that the recent queues in petrol stations in parts of Port Harcourt are as a result of the ravaging bad petrol that has damaged facilities of most of the dealers.
Zonal Chairman of the Petroleum Product Retail Outlets Owners Association of Nigeria, Prince Sunny- Mkpe explained that their members are already incurring expenses by replacing client’s car parts that the bad petrol has damaged.
He said PETROAN members are now restocking clean petrol at above the ex-depot price and may end up retailing at above normal pump price so as to prevent any scarcity.
Sunny- Mkpe frowned at the Nigerian Upstream Petroleum Regulatory Commission for sealing off petrol stations instead of compelling the depots to sell at normal price.
He said the NUPRC should be held responsible for any scarcity in the state metropolis.
Recall that the Petrol Station outlets owners Association of Nigeria PETROAN had said there will be no fuel scarcity especially in the yuletide season.
Chairman Petrol Station outlets owners association of Nigeria PETROAN, Francis Chile-Dimpka told journalists that PETROAN is putting measures in place to ensure there is abundance and even distribution of petroleum products in petrol outlets in Rivers State.
Francis Chile-Dimpka said there may be however a slight increase in cost of petroleum products as dealers are already experiencing an increase in depot prices.
‘’Our major assignment is to ensure availability and effective distribution of petroleum product and we are resolute in doing that. Our only worry is that prices of petroleum product have become unstable again.
‘We are not even too sure of the procurement price. But so long as we are able to procure at the right price, we will sell at the right price. We are not expecting fuel scarcity, but there may be a slight price modulation of these products, because now the landing price has actually increased”.