The return of long queues at filling stations across Lagos metropolis and some other cities like Abeokuta, Ogun State and Ilorin, Kwara State may have been triggered by the Federal Government’s alleged delay in meeting subsidy payment obligations to oil marketers.

It was gathered yesterday that the fuel marketers were yet to receive subsidy payments which amount to over N300 billion.

Meanwhile, a fresh wind of change has begun blowing in the process of crude oil transactions as the Nigerian National Petroleum Corporation (NNPC) yesterday announced the cancellation of the Offshore Processing Arrangement (OPA) opting for a more efficient Direct Sale-Direct Purchase (DSDP) alternative.

The new DSDP policy, which allows for the direct sale of crude oil by NNPC as well as direct purchase of petroleum products from credible international refineries, would automatically eliminate the activities of middlemen in the crude oil exchange for product matrix.

Credit: Guardian