Fuel Scarcity: Nigerians Are Being Ripped off

In a video posted on social media, the Group Managing Director of NNPC, Maikanti Baru, says the current scarcity of petrol is as a result of marketers hoarding the products.

According to Baru, in addition to existing supplies on ground, 3 ships are currently unloading 150 million litres of petrol. He said NNPC will push this additional supply out within 3-4 days.


‘I am constantly briefing Mr. President on the #fuelscarcity situation and our efforts in resolving it.

We have challenges with marketers hoarding products, but we are on top of it. Nigerians should be less panicky. We have stepped up our efforts to end the scarcity”he said.

Meanwhile, investigations by our team revealed that the price of petroleum product is on the high side. We observed that in Ibadan and Lagos  a litre of fuel is sold between N200 and N300.

Commercial motorcyclists are asked to pay N100 gate fees – ‘before they would be allowed entry into gas station to buy fuel while those who came with Jerrycans pay between 100 to 300 per Jerrycan.





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