x

Fuel Crisis Deepens as Petrol Scarcity Spreads and Black Market Thrives

Despite assurances from the Nigerian National Petroleum Corporation (NNPC) that logistical issues causing fuel scarcity had been resolved, Nigerians in Lagos and other parts of the country continue to face challenges in accessing Premium Motor Spirit (PMS) as many filling stations remain closed.

The situation has been exacerbated by a directive from NNPC to prioritize fuel truck deliveries to the Federal Capital Territory, Abuja, before other regions, leading to shortages in Lagos and parts of the South-West like Ogun, Oyo, and Osun.

Oil sector sources reveal that hundreds of trucks loaded on Saturday were sent to Abuja, leaving other regions with limited supply. NNPC has also reduced fuel allocation to depots, further exacerbating the scarcity.

An operator cited NNPC’s inability to import enough fuel currently as a major factor contributing to the erratic supply. The situation is worsened by disruptions in importation and logistical challenges.

The Independent Petroleum Marketers Association of Nigeria expressed hope that the situation would improve by midweek, but queues and shortages are expected to persist, especially in Abuja due to its distance from Lagos.

NNPC spokesperson refuted claims of rationing PMS supply and prioritizing Abuja, stating that products need to be distributed to states, denying any deliberate diversion of fuel.

The scarcity has led to long queues, fuel price hikes, and a thriving black market across several states. In Ogun State, residents have been facing fuel scarcity since last week, with prices reaching as high as N900 per liter in some areas.

Similar situations are observed in other states like Osun, Ekiti, Sokoto, and Kaduna, where black marketers are taking advantage of the shortage to extort desperate buyers.

Transportation has been severely affected, with increased fares and reduced vehicle availability. Commuters face difficulties in accessing public transportation due to the scarcity.

While NNPC claims to have resolved logistical issues, the situation remains challenging for retailers and consumers, with many filling stations still closed or operating at limited capacity.

The fuel crisis underscores the ongoing challenges in Nigeria’s petroleum sector, highlighting the need for more sustainable solutions to ensure consistent and adequate fuel supply nationwide.

Hot this week

Xi, Taiwan Opposition Leader Emphasize Reunification in Beijing Talks

Chinese President Xi Jinping and Taiwanese opposition leader Cheng...

EFCC Chairman Urges Media to Uphold Ethics in Reporting Anti-Corruption Efforts

The Chairman of the Economic and Financial Crimes Commission...

Kogi Flags Off Airport Project, Hands Construction to Contractors

Kogi State Governor Ahmed Usman Ododo has formally handed...

Gunmen Kill Eight in Fresh Attack on Plateau Community

Gunmen on Thursday night attacked Mbwelle village in Bokkos...

NITOUREY to Push Nigeria’s Tourism Sector into Global Arena – Awakan

By Joyce Remi BabayejuThe Director-General of the Nigerian Tourism...

UNILAG Alumni Awards Scholarships to 28 FCT Students

By Joyce Remi- BabayejuThe University of Lagos Alumni Association,...

Hajj 2026; FCT- MPWB Begins Vaccination Exercise

By Joyce Remi- BabayejuThe Federal Capital Territory Muslim Pilgrims...

2027 Polls: PNT Urges Nigerians to Support Tinubu’s Re-election

By Joyce Remi BabayejuA pro-government group, the Progressives Network...

FG Reaffirms Commitment to Strengthening Democratic Governance Through Partnerships

The Federal Government has reiterated its commitment to working...

EFCC Arrests 31 Suspects in Alleged Cybercrime Training Centre in Abuja

The Economic and Financial Crimes Commission (EFCC) says it...

EFCC Chairman Urges Media to Uphold Ethics in Reporting Anti-Corruption Efforts

The Chairman of the Economic and Financial Crimes Commission...

PAAU Elects Six Members into Governing Council as State Names Pro-Chancellor

Prince Abubakar Audu University (PAAU), Anyigba, has elected six...

Related Articles

Popular Categories

spot_imgspot_img