A Review of the Nigerian Energy Industry

Petrol sells at N120 per litre in Bayelsa

Samuel Oyadongha

29 October 2012, Sweetcrude, YENAGOA — A litre of petrol is now being sold at N120 per litre at fuel stations in Yenagoa and its environs by independent marketers in Bayelsa State, due partly to what an insider blamed on the parlous state of the East-West Road and paltry quota allotted the state by the Nigerian National Petroleum Corporation depot in Port Harcourt.

With the Patani flank of the East-West Road in Delta State and the Ahoada-Mbiama axis in Rivers State, cut off by flood, Bayelsa State has been literally cut off from the rest of the country, prompting the state government to direct construction giant, Julius Berger, to intervene in the Ahoada-Mbiama axis.

But the state, it was reliably learnt, will continue to experience short fall in the petroleum products due largely to the epileptic supply chain.

The state, according to informed sources, is allocated only five trucks daily, which most times do not get to the state.

Marketers in the state, it was learnt, are compelled to source for the product in the open market in Port Harcourt with some of them travelling as far as Lagos to source for fuel from private farm tank owners if they must keep their filling stations running.

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