Nigerians buying petrol at N199 per litre - NOIPolls
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Nigerians buying petrol at N199 per litre - NOIPolls

- NOIPOLLs, a leading polling research and survey organisation, has revealed that a high percentage of Nigerians still buy fuel above the N145 per litre ordered by the federal government

- The firm said that although the fuel scarcity seems over, most Nigerians buy fuel at N199 across Nigeria

- It said that this development is a wakeup call to the Nigerian National Petroleum Corporation (NNPC), and the Department for Petroleum Resources (DPR),to be on the lookout to ensure the arrest and prosecution of those who divert and hoard the product

NOIPolls, a foremost polling, research and survey firm on Tuesday, February 27, stated that 86% of Nigerians across the country, are purchasing petrol at an average of N199 per litre, beyond the N145 per litre price set by the federal government.

In its latest report published, NOIPolls said that this finding agrees with the National Bureau of Statistics, (NBS), petrol price watch report, which revealed that Nigerians bought petrol at an average of N191 per litre in January 2018, Vanguard reports.

The NOIPolls remarked that the result of the polls which was conducted in the week commencing February, 5, 2018, had highlighted the need for stakeholders in the oil and gas sector, especially the Department for Petroleum Resources (DPR), to increase efforts in price monitoring exercises to ensure that the products allocated to each state of the federation are dispensed to buyers at the official pump price.

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The report explained that the first question gauged the proportion of Nigerians who buy petrol. It added that it was revealed that 72% of Nigerian adults buy petrol, either for use in their vehicles or to power other petrol powered machines such as generators, grinding machines and the likes others.

Nigerians buying petrol at N199 per litre - NOIPolls

Number of Nigerians who buy fuel (Photo Credit: NOIPolls)

Nigerians buying petrol at N199 per litre - NOIPolls

Geo-political zones where fuel is bought in Nigeria (Photo Credit: NOIPolls)

Nigerians buying petrol at N199 per litre - NOIPolls

Prices at which Nigerians buy fuel (Photo Credit: NOIPolls)

The report said that this response is obtainable across gender, geo-political zones and age groups, with each demography having over 50 per cent of the respondents, indicating that they buy petroleum products. It said: “Poll results revealed that most Nigerians, 56 per cent, buy petrol from Independent Marketer’s filling stations and residents from the South-East had the highest percentage of respondents in this category with 78 per cent representation.

"While 23 per cent mentioned Major Marketers’ filling stations, it is interesting to note that 12 per cent of the respondents buy from black market sellers (street hawkers) and only nine percent indicated that they buy from the NNPC Mega Stations.

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"The prevailing price of petrol was also ascertained and results revealed that an overwhelming proportion, 86 percent, of Nigerians disclosed that they buy petrol above the official price of N145 and this assertion cuts across gender, geo-political zones and age groups with each demography having over 70 per cent of the respondents indicating that they buy petrol above the official price in their respective region.

“Further analysis revealed that of all the various prices mentioned by respondents, Nigerians buy a litre of petrol for an average price of N199 nationwide. Also, residents in the North-West zone pay the highest average price of N221 for a litre of Petrol, while the respondents resident in the South-West zone pay the lowest average price of N179 per litre.”

Due to this, the NOIPolls resolved that while petrol scarcity seems to have disappeared, many Nigerians still purchase petrol above the official price of N145 per litre and at an average of N199 per litre throughout the country.

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It said that this was a call for the NNPC, DPR and other government parastatals in charge of monitoring the sale of petrol to ensure that the official pump price of N145 per litre is followed by the marketers and to also make sure that they continue to arrest and prosecute hoarders of the products.

The report said: “Finally, the NNPC, major marketers and independent marketers must synergize to resolve the issues resulting in price challenges which had made the dispensing prices vary among various marketers of the product.”

Meanwhile, Legit.ng reported that the Nigeria Union of Petroleum and Natural Gas workers (NUPENG) had told the federal government to “think outside the box" to end persistent fuel scarcity in Nigeria.

The president of the union, Igwe Achese, told labour correspondents in Lagos on Friday, February 23, that government must make a great efforts to resolve the energy crisis which had plagued the country for many years.

Fuel scarcity: This is getting too much for us - Nigerians lament - On Legit.ng TV

Source: Legit

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