Skip to content
Friday 6 November 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
Business & Economy
Business & Economy

Petrol scarcity grounds Nigeria, sells at N1,500/litre

The FrontierThe FrontierApril 30, 2024 4033 Minutes read0

•Petrol scarcity

Acute shortage of petrol in Lagos, Abuja and other parts of the country has begun crippling economic activities across the country.

Tongues are wagging as to how the horror has persisted for close to two weeks and has defied solutions currently being administered by the government, reports Daily Sun.

SDP Poster Layout

The price of the commodity ranges between N700 and N1,500/litre, depending on the city. Black marketers have capitalised on the ugly situation to rip-off hapless motorists. Indeed, it has been tales of woe for motorists across the country as majority are ‘detained’ for several hours struggling to refuel their vehicles. Those who need to power their generators in the face of worsening electricity supply are also peppered by the lingering scarcity.

Commuters are now being forced to trek long distancess as transport fares are sky-high, forcing some SMEs to ration their operating hours while others that cannot cope have shut down to their respective business locations.

This was as the Independent Petroleum Marketers Association of Nigeria(IPMAN), warned that the fuel shortages will last for two weeks.

IPMAN Public Relations Officer, Chinedu Ukadike, said the product is not available in the country.

He said it has become a bit of a challenge to source the product because most refineries in Europe are undergoing turnaround maintenance.

In Lagos, the situation was chaotic as early as 6am due to early morning Monday rush which was compounded by fuel queues that disrupted vehicular movement.

On Oba Ogunji in Agege, the traffic built up from Odo Eran bus stop, stretching to the Pen Cinema Bridge due to the activity of the Mobil filling station at the intersection.

Some of the workers who had set out early to catch up with Monday meetings could not meet up as they were caught up in the traffic for several hours. Some of the commuters, who spoke to our correspondents in separate interviews, said the man hour loss in traffic was hurting businesses and the economy at large.

According to Mrs. Adebisi Adeojo, she said the after spending over 3 hours at Ogba bus stop, she lost some of her orders as her customers had to leave in a hurry for other engagements.

For Mr. Adekunle Adeoye, the traffic build up forced him to cancel two business meetings at Eko Hotel and Oriental Hotel, saying he had fixed both breakfast meetings since last week but could not meet up for the 8am appointment as a result of the chaos on the roads.

In Ebonyi and Enugu, fuel retailers are catching in the situation to exploit motorists as a litre of fuel is selling for N720 and N750 per litre, respectively.

In Ilorin, the Kwara State capital, the situation appears to have assumed a frightening dimension as hoarders, popularly called black marketers are now selling a litre of petrol between N1,200 and N1,600, as few fuel stations dispensing to members of the public are selling between N850 and N1,000 per litre, depending on the location.

A source at the As Dam TotalEnergies retail outlet in Ilorin who pleaded anonymity told our correspondent that: “We have been in Lagos now since last week and there is no supply of petrol. The depot in Lagos is empty and several petrol tankers are on the queue ready to load, but there is no hope of getting petrol, because there is no product. A situation whereby demand is higher than supply, there must be consequences such as this.’’

Also, another source at MRS along Fate road, Ilorin blamed the development on the delay by the Dangote Refinery to commence production of petrol.

In Markudi, the Benue State capital, a litre of petrol was selling for N750 and N800 as at Monday, while the mega marketers are selling at the official pump price; others are selling at N750 and N800 per litre.

A resident, Solomon Agav, lamented that the fuel situation in Makurdi is very bad, saying despite the removal of subsidy; they were managing to get fuel at whatever price but that the situation has gone awry now.

In Awka, the Anambra state Capital, the situation was however different as our correspondent observed that there were no queues at filling stations as fuel was selling at N720 per litre.

‘‘Motorists unlike before are not grumbling over the price, neither were they grumbling over the availability of the product. However, they pleaded with the federal government to hasten plans to end the unstable price of fuel and other petroleum products in the country’’.

Tags
groundsNigeriapetrolscarcity
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post Senators reject electricity tariff hike
next post Over 30 Easter ad messages in 2024 failed compliance test — Council
Related posts
  • Related posts
  • More from author
Business & Economy

BREAKING: Tinubu approves Ibom Deep Seaport

November 6, 20260
Business & Economy

Nigeria’s external debt rises to $145 billion as World Bank flags costly borrowing

November 6, 20260
Business & Economy

Former AfDB President Adesina named Global Ambassador, Face of Insurance in Nigeria

November 6, 20260
Load more
Read also
Inside Akwa Ibom Today

ARISE Projects Impact

February 9, 20250
Africa

Kenyan preacher sentenced to 200 years in prison over child murders

November 6, 20260
Politics

More trouble for ADC as chairmen threaten protest, demand David Mark’s removal

November 6, 20260
International

UK criminalises keeping children abroad without consent

November 6, 20260
Sports

Coach Carrick insists Man Utd can recapture former glories

November 6, 20260
Politics

He couldn’t confront erosion in Anambra, I confronted Atlantic Ocean — Tinubu tackles Peter Obi •VIDEO

November 6, 20260
Education

FG seeks seven-year ban on establishing new federal universities, polytechnics

November 6, 20260
Load more

ARISE Projects Impact

February 9, 2025

Kenyan preacher sentenced to 200 years in prison over child murders

November 6, 2026

More trouble for ADC as chairmen threaten protest, demand David Mark’s removal

November 6, 2026

UK criminalises keeping children abroad without consent

November 6, 2026

Coach Carrick insists Man Utd can recapture former glories

November 6, 2026

He couldn’t confront erosion in Anambra, I confronted Atlantic Ocean — Tinubu tackles Peter Obi •VIDEO

November 6, 2026

ARISE Projects Impact

0 Comments

Kenyan preacher sentenced to 200 years in prison over child murders

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

ARISE Projects Impact

February 9, 2025
2

Again, gunmen attack Benue, kill 3, injure 1

January 23, 2026
3

US expands sanctions against Iran’s oil industry over Israel strikes

October 12, 2024
4

Worshipers escape as truck rams into mosque •PHOTOS

April 5, 2024
5

Iraq urges OPEC to raise its oil production quota

June 25, 2026
6

Israel wipes all 10 Iranian nuclear scientists

June 21, 2025
Popular
1

ARISE Projects Impact

February 9, 2025
2

King Charles hails doctors in Christmas speech

December 25, 2024
3

Senate threatens IGP, FIRS, NNPCL, CBN with arrest warrants over audit queries

February 4, 2025
4

EFCC hands over N96.5 million to victims of ponzi scheme

December 6, 2025
5

Nigerians, are you better than you were two years ago?, By Gbenga Shaba

July 6, 2025
6

I never declared to contest presidency – Peter Obi’s former running mate Datti Baba-Ahmed

January 9, 2026

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

ARISE Projects Impact

February 9, 2025

ADC disowns Ogundipe as 2027 governorship candidate in Ogun, backs Jimi Lawal

July 8, 2026

P-Square royalty dispute: SAN faults Peter’s EFCC statement

June 5, 2025

REVEALED: Details of how US war on Iran was planned, executed

March 2, 2026

Tinubu’ll face bigger problems managing Obidients than Nigeria’s economy – Atiku’s spokesman

November 7, 2023
Top posts

Categories

  • News5220
  • Politics4996
  • Crime4708
  • International3297
  • Sports2646
  • Business & Economy2409
  • Headlines2307
  • Education1466
  • Matilda Showbiz1062
  • Health985
  • Entertainment905
  • Africa628
  • Religion509
  • Environment412
  • Special279
  • Info Tech272
  • Arts & Culture246
  • Inside Akwa Ibom Today245
  • Hunger protests in Nigeria224
  • Interview202
  • Opinion161
  • EyeCare with Dr Priscilia Imade140
  • World Cup 202695
  • Advert36
  • Trends25
  • Epistles of Anthony Kila19
  • Local News5
  • The Surge4

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact