Skip to content
Sunday 12 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

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

The FrontierThe FrontierApril 30, 2024 3583 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.

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

Senate probes alleged $71.65 million, N30.7 billion NDDC remittance default by foreign oil firm

July 11, 20260
Business & Economy

Again, Commission floors Air Peace as court upholds power to probe airline’s pricing complaints by customers

July 10, 20260
Business & Economy

Hardship: Allied People’s Movement demands public audit of fuel subsidy savings by Tinubu govt

July 9, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
World Cup 2026

Argentina beat Switzerland to reach World Cup semi-finals

July 12, 20260
Interview

Lagos flood killed my six-year-old daughter, left me homeless — Grieving father

July 12, 20260
Headlines

Northerners to Tinubu: Replicate Oyo rescue operation in Kaduna, Borno, Kwara

July 12, 20260
Politics

Peter Obi will be alive in 2027 but will lose to Tinubu – Works Minister Umahi

July 12, 20260
Health

REVEALED: 95% of fever cases in Lagos are not malaria – Govt declares •Bans treatment without lab test result

July 12, 20260
International

BREAKING: Iran announces Strait of Hormuz closed until further notice after signing peace agreement with US

July 12, 20260
Load more

inside the Hill top newspaper

February 9, 2025

Argentina beat Switzerland to reach World Cup semi-finals

July 12, 2026

Lagos flood killed my six-year-old daughter, left me homeless — Grieving father

July 12, 2026

Northerners to Tinubu: Replicate Oyo rescue operation in Kaduna, Borno, Kwara

July 12, 2026

Peter Obi will be alive in 2027 but will lose to Tinubu – Works Minister Umahi

July 12, 2026

REVEALED: 95% of fever cases in Lagos are not malaria – Govt declares •Bans treatment without lab test result

July 12, 2026

inside the Hill top newspaper

0 Comments

Argentina beat Switzerland to reach World Cup semi-finals

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

World Cup qualifier: Super Eagles seek revival against Rwanda in Uyo

September 6, 2025
3

INSIDE AKWA IBOM TODAY: Gov Eno creates new Ministry of Aviation & Airport Development

May 4, 2026
4

Went too far: I regret some of my posts against Trump, says Elon Musk

June 11, 2025
5

Call Wike to order now before Rivers burns – Wabara tells Tinubu

May 9, 2024
6

I’m not desperate to be president – Peter Obi

March 6, 2024
Popular
1

inside the Hill top newspaper

February 9, 2025
2

Yelewata massacre: What Benue people expected from President Tinubu, By Stephanie Shaakaa

June 21, 2025
3

DICON confirms one dead, several injured in Kaduna factory explosion

September 21, 2025
4

Truck falls off Lagos Bridge, lands on 2 buses

April 27, 2025
5

Why I was nervous at Obama Presidential Centre event – Nigerian songstress Tems reveals

June 19, 2026
6

Nigeria faces more shortage as Canada rolls out express entry for doctors

December 10, 2025

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

Police redeploy Abuja DPO caught slapping man in viral video

October 23, 2025

Tinubu reveals his scorecard for April •FULL LIST

May 3, 2024

Bandits gun down Chief Imam, abduct married women in Sokoto

June 24, 2026

Endless borrowing isn’t the solution, By Eugene Enahoro

November 7, 2023
Top posts

Categories

  • News4747
  • Politics4381
  • Crime4185
  • International2904
  • Sports2366
  • Business & Economy2207
  • Headlines2141
  • Education1321
  • Matilda Showbiz951
  • Health842
  • Entertainment774
  • Africa543
  • Religion471
  • Environment352
  • Special268
  • Info Tech235
  • Arts & Culture230
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today194
  • Interview183
  • Opinion150
  • EyeCare with Dr Priscilia Imade124
  • World Cup 202665
  • 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