Fuel scarcity has hit Nigeria hard, causing long queues at petrol stations in major cities like Lagos, Ogun, Abuja, and other states.
Black marketers are capitalizing on the situation, selling fuel for as high as N1,500 per litre in Lagos and Ogun states.
The scarcity is attributed to discharge issues of some vessels, according to the Nigerian National Petroleum Company Limited (NNPC).
Despite assurances from the NNPC that the situation would improve, fuel shortages have worsened, leaving many depots dry. The Apapa depot in Lagos had no fuel as of Sunday.
Motorists in Abuja reported paying up to N1,200 per litre from black marketers, while those in Ogun and other states faced similar exploitation.
Industry representatives expressed concerns over the ongoing shortages, citing high prices from private depot owners and a lack of direct supply from the NNPC.
The scarcity has exacerbated economic hardships for Nigerians, with significant increases in transportation costs and daily living expenses.