The marketers said Nigerians should prepare for the worst fuel crisis if the FG fails to pay them their claims.
NNPC has assured Nigerians of enough fuel supply following the reappearance of queues at filling stations in Abuja.
Most filling stations in Abuja have been shut down following scarcity of Premium Motor Spirit (PMS), popularly known as petrol.
Finance Minister Ali Sabry said on Wednesday that Sri Lanka only had less than $50 million in usable foreign reserves.
The product is sold at the official pump price of N162.50 at the NNPC Mega Station at Amawbia.
“We cannot be consuming more than 30 million to 40 million litres and it is obvious there is racketeering in the oil sector.”
A motorist identified as Jika Wakili commended efforts by the NNPC authorities to restore normalcy to the fuel situation.
Residents say the Petroleum Products Consumer Protection Agency has not been alive to its responsibilities.
Allen Onyema, Air Peace CEO, explained that within two weeks, the price of aviation fuel moved from N190 per litre to N670 per litre.
The Nigerian Railway Corporation (NRC) spokesperson did not respond to calls and messages seeking comment on the incident.
