#FuelHikePrice: Panick Buying Hit Lagos Petrol Stations | Nigeria Newspaper - Latest Nigeria News paper

12.3.21

#FuelHikePrice: Panick Buying Hit Lagos Petrol Stations

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#FuelHikePrice: Panick Buying Hit Lagos Petrol Stations

Massive queues have surfaced at many filling stations in Lagos state as a result of fuel scarcity.
 
Residents besieged fuel stations in major cities across the country following late announcement yesterday of fuel price increment by the Petroleum Products Pricing Regulatory Agency (PPPRA).
 
It was gathered that motorists scrambled to fill their tanks as long queues resurfaced in petrol stations.
 
The scarcity, at a time of a global rise in crude oil prices, shook the nation despite the assurance given by the Nigerian National Petroleum Corporation (NNPC) that there would be no increase in the ex-depot and pump prices of petrol this month.
 
In Lagos, petrol stations in Agege, Oshodi and Ikeja refused to sell with their gates locked, according to a report by PM News..
 
Similar ordeals were experienced by residents of Otta, Ogun State; Ibadan, Oyo State; Ilorin, Kwara State, and in numerous other cities across the country.
 
Many Nigerians are now asking what the cause of their ordeal was since the NNPC had ruled out increasing rates.
 
The scarcity followed an earlier move by petrol marketers to disrupt the loading of petroleum products at private depots in Lagos and other parts of the country, in protest against a new payment method.

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