The Nigerian National Petroleum Company Limited on Monday began offloading 240 million litres of Premium Motor Spirit, otherwise called petrol, as it stepped up efforts to tackle the worsening nationwide petrol scarcity.
As the NNPCL began offloading petrol, filling stations sold the product at an average price of N800 per litre in various locations.
Zebra News gathered that the 240 million litres of petrol imported into the country came in through five vessels, which were offloaded into five depots on Monday.
The South-West Regional Coordinator of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Ayo Cardoso, confirmed this in an interview with Punch on Monday.
Our reporter who went round town, was able to gather that Nigerians are already feeling the impact of the high price of fuel.
A Lagos based trader who did not want his name mention said he now spends most of his daily profit on transportation.
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