Fuel Scarcity: Really Merry Christmas for Black Marketers in Lagos

scarcityDespite efforts by the Federal Government to ensure smooth celebrations during the yuletide by making petrol easily accessible to all and sundry, black market operators now strive in most parts of Lagos State and its environs as the fuel scarcity continues. Premium Motor Spirit (PMS), otherwise known as petrol is selling between N150 and N200 per litre on major roads in Lagos State, while most petrol stations were out of stocks when the Nigerian Tribune visited some of them on Wednesday.

At some petrol stations, petrol was sold at N120 per litre, while two other stations on the same route were out of stock. Also, some petrol stations at Mushin, Isolo, Ladipo and Ikota were among those that allegedly exhausted their tanks awaiting supplies from depots.

Black market operators were having a free day on Ikorodu road, where they were present at Palm Grove to Fadeyi with gallons containing petrol to be sold to commuters.

When the Nigerian Tribune approached one of them who identified himself as Rasaki around Palm Grove Bus Stop, he was ready to sell a 50 litre gallon at N7,500 (N150 per litre).

Source: Tribune

Tags from the story
petrol, PMS

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