Fuel hikes to 1,300 Naira as depots as fuel scarcity hits Nigeria

Numerous Premium Motor Spirit (also known as gasoline) stores are currently empty, which causes a shortage of fuel and long lines in Lagos, Ogun, some areas of Abuja, Niger, and several other states in the nation.

Black marketers have profited from the scenario, offering prices as high as N1,300 and N1,500 per litre in certain areas of Ogun and Lagos states. At gas stations in Lagos and Abuja, lengthy lines began to form on Friday and have continued ever since. The Nigerian National Petroleum Company Limited said on Saturday that a problem with a few boats' discharge operations was the reason for the tight supply and distribution of fuel, in response to the lengthy lines and shortages in several regions of the nation.

Olufemi Soneye, the NNPC Chief Corporate Communications Officer, stated, "The NNPC Ltd wishes to state that the tightness in fuel supply and distribution witnessed in some parts of Lagos and the FCT is as a result of a hitch in the discharge operations of a few vessels." "Working round the clock with all stakeholders to resolve the situation and restore normalcy in the operations," the corporation continued.

Nevertheless, despite the NNPC's pledge, things became worse across the country as discovered on Sunday that there were lengthy lines at a number of gas stations in key towns.

This was announced at the same time when fuel merchants disclosed that most depots were empty and that they were also waiting in line to load gasoline.

Clement Isong, the Executive Secretary of the Major Energies Marketers Association of Nigeria, concurred that the stock had been low but was unable to predict when it will rise.

There were lines for fuel at PM Petroleum on the Oshodi-Apapa Expressway near the Cele Bus Stop. There was a big line of cars at the NNPC station in Ogudu and the North West filling station near the CharlyBoy Bus Stop in Gbagada, Lagos.