The fuel shortage in Nigeria intensified yesterday as many filling stations ran out of stock, leaving motorists stranded.
Long queues were observed at stations in Lagos and Abuja, where panic buying persisted.
Illegal sellers were spotted selling fuel along major roads in Lagos due to the absence of regulatory enforcement.
In Abuja, more stations closed down, while black market prices soared to N1,500 per litre.
Despite efforts by NNPC to maintain supply through selected mega stations, the scarcity, blamed on logistical challenges and flooding, has persisted for six days. Government officials assured the public that solutions are underway.
Industry leaders called on the government to address infrastructure issues like road conditions and pipeline maintenance to prevent future shortages.
They emphasized the need for a robust logistics framework to stabilize fuel distribution across Nigeria.
Retailers denied profiteering, citing operational challenges and forex shortages hindering product imports. They urged patience from the public as efforts continue to resolve the crisis.
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