Fuel Scarcity: Petrol Now Sells At N200 Per Litre On
Black Market
Nigerians all over the country are still
witnessing long queues of vehicles as fuel
scarcity enters its second week. Reportedly,
people in Jos, the Plateau state capital, are
buying fuel for over N200 per litre
from independent vendors.
According to The Punch, long queues of vehicles still
swarmed the few fuel stations which had the
product all over the country while outlets which did
not have petrol remained under lock and key.
Most of the filling stations in Jos and its environs,
especially major markers, remained without
supplies throughout the week, as their independent
counterparts made brisk business by selling fuel
well above N200 per litre.
In Osun state on Saturday, May 9, motorists queued
for hours at some of the very few fuel stations
selling petrol at N87 per litre.
The Punch reports that filling stations in Osogbo,
the state capital, sold a litre of petrol between N120
to N150 while many stations did not open to
customers.
In Imo, the devastating effect of scarcity of fuel in
the country has given opportunity to petroleum
marketers to hike their pump prices between N105
to N150 per litre.
The scarcity of fuel in Oyo state reached a new level
on Saturday in Ibadan and other towns in the state
as the pump price of petrol hit N160 per litre in the
few fuel stations that had the product.
In Rivers state, though petroleum products were
not scarce, the price had gone beyond the N87 per
litre official price. While some filling stations sold
petrol at N120 per litre, others sold between N110
and N115 a litre.
Independent petrol stations in satellite towns in
Abuja sold fuel between N120 and N140 per litre
on Saturday.
Only the major petrol stations like Conoil, Total, the
Nigerian National Petroleum Corporation, and a few
others, dispensed fuel at the N87 per litre regulated
price on Saturday.
In Enugu, though there was no scarcity, petrol sold
on Saturday far above N87.
The fuel scarcity in Kwara state, especially in Ilorin
metropolis, has started to abate. Long queues of
vehicles have started disappearing in the capital city
as many of the petrol stations that lacked the
product a few days had resumed sales of petrol to
buyers.
