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FCT stations meet new petrol pump price

Petrol stations in the FCT on Friday began to adjust their metres to comply with federal government directive to cut the pump price of petrol.

By midnight on January 1, 2016, stations began to sell petrol at N86 per litre for NNPC retail stations and N86.50k for other marketers, as the federal government directed.

News Agency of Nigeria reports that stations visited in the city centre had enough products, as well as standby trucks loaded with the petrol.

Mr Suleiman Mohammed, the Sales Representative of NNPC retail station and a Supervisor of FCT retail stations, said all NNPC stations in the FCT have substantially complied with the new directive.

He said that the NNPC Mega Station along Olusegun Obasanjo Way in Abuja currently had over 200,000 litres of petrol and four standby trucks containing 45,000 litres each.

He, therefore, urged FCT residents not to panic as petrol stations in the territory had enough products to cater for their demands.

An independent marketer and manager of Oando filling station along Olusegun Obasanjo Way in Wuse Zone 1, Abuja. Mr Mohammed, said the station had complied with the new directive but there was low patronage.

He said the station had more than 300,000 litres of the product both in stock and in standby trucks.

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An investigation by NAN revealed that other stations such as Conoil, Total filling stations in Wuse Zone 2, Abuja, also witnessed low patronage, except Mobil filling station in Utako, Abuja, which had appreciable number of customers.

Some motorists on queue who were waiting to buy the product said they were happy now that petrol was available everywhere and filling stations were selling at the approved price.

On his part, A taxi driver, Mr Gabriel Akoh, thanked the Federal Government for the reduction in pump price and urged the government to ensure availability of the product at all time.

The Federal Government had directed all retail stations of the NNPC to sell petrol at N86 per litre as from Jan. 1, while independent petrol marketers should sell at N86.50k a litre.

Mr Farouk Ahmed, the Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), announced this at a news conference on Tuesday in Abuja.

Ahmed said that the reduction in the price of the commodity was due to an implementation of the revised components of the Petroleum Products Pricing Template for PMS and Household Kerosene.

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