Indications have emerged that the ongoing scarcity of petroleum products across the country is one that would linger until February next year. This is as petroleum marketers are reported to have suspended fresh importation of petroleum products despite receiving N413 billion in subsidy claims from the government.
Some marketers who took news into confidence on the vexed issue specifically noted that the alleged plan by the Federal Government to remove subsidy on petrol next year and commence full deregulation by January 1, is already unsettling them.
Disclosing that they are in full support of the deregulation of the downstream sector, the marketers lamented that the secrecy surrounding its implementation and take-off date is already causing uncertainty within the sector.
According to an importer,
A source said
The marketer maintained that all these certainties surrounding the downstream sector have further dealt a debilitating blow on the current fuel scarcity.