Russian-Ukraine War Fueling Petrol Scarcity-NARTO

Yusuf Lawal Othman, national president of the Nigerian Association of Road Transport Owners (NARTO), has attributed the scarcity of premium motor spirit (PMS) in the country to a number of issues, including the Russian-Ukraine war.

Speaking with reporters in Abuja on Wednesday, Othman listed the Russia-Ukraine war, high cost of transporting the product, and the exchange rate as the reasons for the persistent nationwide petrol shortage.

The NARTO president said, aside from the aforementioned challenges, the country has enough supply to meet demand.

“Relating to the current supply and availability of petroleum products is not unconnected with the current Russia-Ukraine war,” he said.

“Two, is the high cost of transporting from the mother vessels to the daughter vessels to the tank farms.

“Three, the exchange rate. But I know we have adequate fuel.”

Othman said reports of sharp practices at filling stations owned by the Nigerian National Petroleum Corporation (NNPC) Limited are false.