Petrol stations close, underground market (Black market) offering for N400 every liter

Most petrol stations in Lagos have shut shop because of inaccessibility of the item however this has not halted auto proprietors from stopping their vehicles on lines with expectations of obtaining the item.

A serious fuel shortage has hit real urban communities in Nigeria, with Lagos and Abuja being the most exceedingly bad influenced.

Most petrol stations in Lagos have shut shop because of inaccessibility of the item however this has not ceased auto proprietors from stopping their vehicles on lines with expectations of acquiring the item.

A driver in Lagos advised Pulse that he was compelled to buy 10 liters of fuel from the underground market at N4,000 in the wake of holding up unendingly at petrol stations.

"There is no fuel in Lagos. All the stations are shut," the clearly baffled driver said.

"Indeed, even the 10 liters I got won't be sufficient for the work I need to do as such I'll have to purchase more," he included.

Auto proprietors in Abuja are likewise confronting the same destiny as some of them are compelled to buy fuel from the underground market at least N200 every liter.

The shortage comes scarcely a day after the end of the due date given to the Federal Government by the Major Marketers Association of Nigeria (MOMAN) to pay the N256.2 billion obligation owed them.

MOMAN had debilitated to quit importing fuel if the obligation was not paid.

Then, the Nigerian National Petroleum Corporation (NNPC) has faulted the shortage for the strike activity left upon by the individuals from National Association of Road Transport Owners (NARTO) and the Petroleum Tanker Drivers (PTD) because of obligations owed them by the advertisers.