Nigeria is grappling with a renewed petrol scarcity, causing long queues, frustration, and economic disruption across the country. Motorists in major cities like Lagos, Abuja, Kano, and Kaduna are facing long wait times at petrol stations, with many stations running dry.
The reasons behind the scarcity remain unclear. The Nigerian National Petroleum Company Limited, NNPCL, initially blamed logistical challenges but claimed to have addressed the issue. However, reports indicate fuel shortages persist, leading to finger-pointing between the NNPC and independent marketers.
The Independent Petroleum Marketers Association of Nigeria, IPMAN, claim the NNPCL is not supplying enough product depots, leading to the scarcity. The NNPCL has yet to respond to these allegations.
The impact of the scarcity is widespread. Black market vendors have emerged, selling petrol at exorbitant prices, ranging from ₦1,000 to ₦2,000 per litre, well above the official price of ₦670. Many petrol stations across the country have also hiked their price above N800 per litre.
This price hike significantly impacts transportation costs, putting a strain on commuters and businesses that rely on vehicles. Frustration is mounting among Nigerians struggling to find fuel for their daily needs by the minute.
The federal government has yet to publicly address the petrol scarcity. Calls are growing for authorities to intervene and resolve the crisis swiftly. Nigerians are urging a transparent explanation for the fuel shortage and a plan to ensure a steady supply of petrol at regulated prices.
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