Yesterday, there was still a nationwide shortage of fuel due to Depots and Petroleum Products Marketers Association of Nigeria’s (DAPPMAN) continuous sale of gasoline to marketers at N215 per litre.

When compared to the N148 per litre being charged at the depots of the Nigerian National Petroleum Company Limited, NNPCL, this represents a surplus of N67 per litre or 31%.

Independent marketers that patronise the private depots sell the product at over N220 per litre, while the major oil marketers sell at N170 per litre at their filling stations.

Checks by Vanguard showed that many filling stations across the country were shut and the ones with stock continued to sell the product to motorists and other parties at far over the official price, while the ones selling for below N200 had long queues.

Fuel stations in Abuja that sold the product for the government-mandated N169 had lines, but independent marketers selling the product for N220 to N300 had none.