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855 Featured Petrol Queues Spread as Commodity Sell for N250/litre in Abuja, others
Petrol Queues Spread as Commodity Sell for N250/litre in Abuja, others
As the ongoing fuel scarcity in the nation bites harder, some filling stations in Lagos, Abuja, Niger and other states dispensed Premium Motor Spirit at between N200/litre to N250/litre on Sunday, higher than the government-approved retail price of N165/litre, petrol queues for the product extended to more states.
THECONSCIENCENG gathered that the worsening queues for petrol in Lagos and neighbouring states, as well as its prolonged persistence in Abuja and environs, were due to the insufficient supply of products by the Nigerian National Petroleum Company.
NNPC is the sole importer of petrol into Nigeria for several years running. It often claims to have enough products to keep the country wet for months. It, however, stayed mute on Sunday when contacted.
Findings gathered by Theconscienceng showed that some filling stations in Lagos sold petrol to motorists at N200/litre and still had queues, as black marketers dispensed the product at N300/litre.
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