Petrol scarcity: no respite yet for motorists Petrol scarcity: no respite yet for motorists
The lingering petrol scarcity is yet to abate in Benin metropolis as long queues persist in filling stations across the state capital. A correspondent... Petrol scarcity: no respite yet for motorists

The lingering petrol scarcity is yet to abate in Benin metropolis as long queues persist in filling stations across the state capital.

A correspondent of the News Agency of Nigeria (NAN). who monitored the situation on Wednesday, observed that residents were also experiencing poor services from Automated Teller Machines (ATMs) of banks.

NAN reports that although the pump price of the product has risen to between 240 and 260 per liter, only few stations have opened for business.

NAN reports that the fillings stations currently dispensing the product were selling for between N240 and N260 depending on the location

The black marketers have reduced their prices from N3, 500 for 10 litre gallon to N3,000 following the increased number of stations now opened for business.

The scarcity of the petrol has also affected transport fares in the state.

While transport fares within the city have been slightly adjusted, that of inter-state and outside the state remained high.

Transport fare to Auchi, which was N800, has been increased to between N1,700 and N2000, while from Benin to Benue State has risen from N4,000 to N8000.

Transport fare from Benin to Lagos is now between N8,000 to N9,000 from the old fare of between N3,500 and N4,500 depending on the motor park.

NAN reports that Edo Government had started monitoring sales of the product in collaboration with Department of Petroleum Resources (DPR) before the Christmas celebration.

The state government had earlier promised motorists “a hassle-free Yuletide celebration”.

“Edo State has been sufficiently supplied with petroleum products and received a fresh 465,000 litres this weekend, in addition to the 296,000 litres loaded to the state on Tuesday this week.

“Motorists and other users of petroleum products should refrain from panic buying that causes unnecessary queues at petrol stations and traffic congestion on major roads in the state.

“Marketers are hereby warned to ensure judicious dispensing of allocated products as government will not hesitate to apprehend and prosecute any erring marketer,” it had said in a statement.”

Residents are also lamenting the poor services of ATMs.

Some of the residents, who spoke with NAN, decried the poor services, saying they had to keep vigil at the machine point as the awaited for bank officials to load the machines with cash.

“It is sad that one has to experience this stress to have access to your money,” laments Ebidah John.

Another resident, Adesuwa Usifo, said her visit to three locations of the machines revealed the same situation.

“I have been out since around 7.30 a.m. and this is just past 11 a.m., yet I have not made any transaction.

“I was close to withdrawing in one of the machines in another location, when it ran out of cash. Outside the cash issue, the network is terrible,” she cried.

NAN observed that the trend started before Christmas.

Nurudeen Adegbenro