Skip to content
Tuesday 14 July 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

Concerns mount as black marketers sell more fuel than filling stations

The FrontierThe FrontierMay 3, 2024 2692 Minutes read0

•Fuel scarcity

As fuel scarcity lingers across the country, many have engaged in panic buying and storing petrol in kegs and jerry cans in their homes and offices. Meanwhile, black marketers are selling more fuel than filling stations.

Also, some Nigerians have thus expressed concern over the dangers posed by the careless handling of this highly inflammable product in many homes, reports Vanguard.

Mrs Vivian Opara, a chemical engineer, said she was always scared of how Nigerians handle petroleum products. This could raze down a whole street in fewer minutes in the event of a fire, she warned.

While many have argued that fuel scarcity has provided a temporary means of livelihood for poor families through the black market, most people are worried about the looming dangers from the careless handling of the product by the retailers.

Black markets in Lagos homes

Our investigation revealed that many compounds in Lagos such as Ajegunle, Orile, Amuwo Odofin, lyana-Ipaja, FESTAC, Yaba and Surulere have found the hawking of petrol quite lucrative.

The situation is similar to the way smuggled fuel from Nigeria is sold in the neighbouring countries, especially Benin Republic and Togo, where hawkers display the product on the road for willing buyers.

Mr Kevin Eze, a car owner, spoke to Vanguard on Old Ojo Road. He said that he discovered that petrol is more available on Lagos streets than at the filling stations.

According to him, instead of queuing for a whole day at the filling station and missing all appointments, he would rather pay the black market high price for the fuel and meet up with his scheduled activities.

He said jokingly, “As you can see, every compound now has a ‘fuel dump’ while the long queues persist at the filling stations.”

Mr Ade Taiwo, a commercial bus driver in a chat with our correspondent along Apapa Road, Lagos, said that most of their members would rather buy from the black market than queue up for endless hours at the filling stations.

“Unfortunately, we cannot make any profit by buying from the streets at twice the price at filling stations. This is because there are no passengers to pay for fare increases.

“They would rather trek several kilometres to their destinations than pay the higher fares.”

Empty roads

Meanwhile, the scarcity has literally forced many vehicles off the road, resulting in empty roads without usual traffic jams.

Most of the vehicles are either parked at home or they are in petrol queues.

Mr Muhammad Garba, while chatting with Vanguard at a filling station along Lagos Badagry expressway, said that the petrol attendants pay more attention to the black market sellers on the street.

Garba noted that this was so because of the tip they get for every purchase.

Pointing at a woman who came into the station with seven 50-litre jerry cans to buy petrol, Mr Garba asked, “Do you want to tell me that this woman will want the scarcity to end soon?”

Meanwhile, a filling station in FESTAC, Total Energies, has a policy that no customers should buy petrol in kegs, and the queue has been moving fast.

But some customers are not taking this very kindly as they kept asking how they should power their generators at home, especially during this period when the electricity supply has been very poor.

However, some private filling station owners have taken advantage of the scarcity to increase their pump price to about N850.

It was gathered that this approach is usually adopted when major dealers such as Mobil and Total have no products.

Tags
black marketersConcernsfuelmountsell
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post World Press Freedom Day: Nigerian governors laud journalists
next post Adebayo rescues struggling Luton in draw against Everton
Related posts
  • Related posts
  • More from author
Business & Economy

EXPLAINER: What Dangote’s sale of fuel in dollars means for Nigerians

July 14, 20260
Business & Economy

Senate probe: Customs Service laments import duty waivers hit ₦34 trillion

July 14, 20260
Business & Economy

Dangote Refinery resumes sale of petrol in Dollars

July 14, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Education

Panic as beheaded man’s body is discovered inside varsity campus

July 14, 20260
Special

My husband worked for me for 11 months after losing his pilot job – Nigerian businesswoman

July 14, 20260
Headlines

BREAKING: House of Reps withdraws own state police bill, considers Tinubu’s proposal

July 14, 20260
Business & Economy

EXPLAINER: What Dangote’s sale of fuel in dollars means for Nigerians

July 14, 20260
Crime

Man allegedly beats lover to death in Rivers

July 14, 20260
Business & Economy

Senate probe: Customs Service laments import duty waivers hit ₦34 trillion

July 14, 20260
Load more

inside the Hill top newspaper

February 9, 2025

Panic as beheaded man’s body is discovered inside varsity campus

July 14, 2026

My husband worked for me for 11 months after losing his pilot job – Nigerian businesswoman

July 14, 2026

BREAKING: House of Reps withdraws own state police bill, considers Tinubu’s proposal

July 14, 2026

EXPLAINER: What Dangote’s sale of fuel in dollars means for Nigerians

July 14, 2026

Man allegedly beats lover to death in Rivers

July 14, 2026

inside the Hill top newspaper

0 Comments

Panic as beheaded man’s body is discovered inside varsity campus

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

Again, Trump fined $10,000 for violating gag order

0 Comments

Follow us

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

inside the Hill top newspaper

February 9, 2025
2

PSG fan stabbed in Milan ahead of Champions League clash

November 7, 2023
3

Ibadan explosion: How I lost my brother – Survivor narrates

January 17, 2024
4

Burial details released as billionaire Dantata’s corpse lands in Madinah

July 1, 2025
5

Nigeria needs 800 universities to meet academic requirements – Don

November 18, 2024
6

Fulham stun Chelsea 2-1 in blow to EPL title hopes

December 27, 2024
Popular
1

inside the Hill top newspaper

February 9, 2025
2

Musk to unveil Chatbot Grok 3 today

February 17, 2025
3

Nigeria’s future lost if PDP loses Rivers – Former Senate President Wabara

August 20, 2024
4

Tinubu arrives Lagos for Christmas

December 21, 2023
5

Abuja excavation site wall collapses, kills labourer

August 26, 2025
6

Music icon, Onyeka Onwenu for burial today

August 30, 2024

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

inside the Hill top newspaper

February 9, 2025

BREAKING: Supreme Court upholds Oborevwori’s election as Delta State governor

January 19, 2024

Oil prices rise on strong demand outlook

March 20, 2025

Olubadan: Tinubu, Atiku, others for Ladoja’s coronation today

September 26, 2025

UK colonised by immigrants, says British billionaire, Ratcliffe

February 11, 2026
Top posts

Categories

  • News4754
  • Politics4387
  • Crime4196
  • International2911
  • Sports2368
  • Business & Economy2210
  • Headlines2146
  • Education1326
  • Matilda Showbiz951
  • Health844
  • Entertainment774
  • Africa544
  • Religion471
  • Environment352
  • Special269
  • Info Tech235
  • Arts & Culture230
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today194
  • Interview183
  • Opinion150
  • EyeCare with Dr Priscilia Imade125
  • World Cup 202668
  • Advert31
  • Epistles of Anthony Kila19
  • Trends19
  • Local News5

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

designed by winnet services

  • Home
  • Advertise with us
  • Contact