Skip to content
August 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
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

Under Tinubu, FAAC allocations peak at N2.8trn monthly, highest ever – Oyedele
  • Business & Economy

Under Tinubu, FAAC allocations peak at N2.8trn monthly, highest ever – Oyedele

August 18, 2026
West Africa cocoa sector struggles to meet EU anti-deforestation rules, raising supply concerns
  • Business & Economy

West Africa cocoa sector struggles to meet EU anti-deforestation rules, raising supply concerns

August 17, 2026
Oil climbs over $1 on tanker attacks, no progress on peace reserves crude oil
  • Business & Economy

Oil climbs over $1 on tanker attacks, no progress on peace

August 14, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Under Tinubu, FAAC allocations peak at N2.8trn monthly, highest ever – Oyedele
  • Business & Economy

Under Tinubu, FAAC allocations peak at N2.8trn monthly, highest ever – Oyedele

August 18, 2026
Osun 2026: When the people speak, politics must listen, by Muyiwa Akintunde
  • Commentaries

Osun 2026: When the people speak, politics must listen, by Muyiwa Akintunde

August 18, 2026
Bayelsa Assembly defies court order: Still summons Sagbama Council chairperson
  • National News

Bayelsa Assembly defies court order: Still summons Sagbama Council chairperson

August 18, 2026
NDC leader Dickson appoints Sani Takori, VinMartin Ilo, Steve Nwosu as aides
  • Politics

NDC leader Dickson appoints Sani Takori, VinMartin Ilo, Steve Nwosu as aides

August 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.