Skip to content
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Watch Online
  • Home
  • Business & Economy
  • Petrol scarcity shuts down socio-economic activities nationwide
  • Business & Economy

Petrol scarcity shuts down socio-economic activities nationwide

Admin April 30, 2024

Fuel queues

Fuel queues

While the Federal government continues to assure the populace of better days ahead, petrol scarcity has crippled socio-economic activities in across the country.

Situation reports filed by Political Economist NG reporters and the News Agency of Nigeria (NAN) point to rising tension and frustration among Nigerians who felt betrayed by promises of abundant fuel supply in the wake of the removal of fuel subsidy.

In Lagos, Political Economist reports that most filling stations including NNPC mega and franchise stations are without fuel. Those that have petrol only rationed it to motorists and within regulated time frames.

An NNPC station near NNPC Depot in Ejigbo, Lagos only sold to a few motorists amid growing queues and closed shop.

Most stations along Airport Road in Lagos had no fuel.

“I bought a litre for N1,500 at black market”, a motorist told Political Economist, adding, “I don’t have a choice, I needed to be on the move. Nigeria cannot stop me from advancing.”

A few stations that had fuel in Asaba, Delta State sold for above N800 per litre.

The development is also telling on the city’s socio-economic lives as many of the residents have closed their business premises, while others have suspended their planned visits to friends and relations.

NAN reports that most of the streets in the metropolis have been deserted while many motorists have abandoned their cars due to fuel scarcity.

Black market Petrol vendors have capitalised on the situation to sell a gallon of fuel at N6,000.

When contacted, the Chairman of Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano chapter, Alhaji Gana Girigire, blamed the NNPCL for the petrol scarcity

“It is not our fault, we have sent over 100 trucks to various centers where we buy this commodity, but it is not available,” he said.

In Imo and Enugu states, the story is the same. Many filling stations have been deserted as even the fuel attendants could not be located.

The petrol scarcity has pushed up transport fares nationwide.

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Alhaji Gana Girigire Fuel queues IPMAN NNPC Limited Petrol scarcity

Post navigation

Previous Reps urge NERC to suspend hike in electricity tariff
Next Navy rescues 250 persons from boat mishap in Rivers

Related Stories

NNPCL receives C-of-O for Edo Refinery; Okpebholo lists benefits 
  • Business & Economy

NNPCL receives C-of-O for Edo Refinery; Okpebholo lists benefits 

November 14, 2026
Asia buys up African, Brazilian oil as shipping costs fall
  • Business & Economy
  • Music

Asia buys up African, Brazilian oil as shipping costs fall

November 13, 2026
Stock market sheds N293bn as profit-taking lingers; Okomu oil, NASCON lead losers
  • Business & Economy

Stock market sheds N293bn as profit-taking lingers; Okomu oil, NASCON lead losers

November 12, 2026

You may have missed

Army Recovers 12 Rifles, Rescues 10 Captives as Terrorists Initiate Surrender in Kwara Soldiers beat policemen
  • National News

Army Recovers 12 Rifles, Rescues 10 Captives as Terrorists Initiate Surrender in Kwara

November 14, 2026
A resolute electorate can wield power, by Monday Philips Ekpe
  • Commentaries

A resolute electorate can wield power, by Monday Philips Ekpe

November 14, 2026
Police Arrest Two for Staging Kidnapping to Extort N30m From Suspect’s Father Police
  • Metro News

Police Arrest Two for Staging Kidnapping to Extort N30m From Suspect’s Father

November 14, 2026
Your life is a celebration of wisdom, leadership and royal excellence, says Ogeah on Asagba’s 71st birthday
  • National News

Your life is a celebration of wisdom, leadership and royal excellence, says Ogeah on Asagba’s 71st birthday

November 14, 2026
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Copyright © All rights reserved. | DarkNews by AF themes.