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Petrol sells for N300 per liter in Lagos


Following the refusal by oil marketers to import fuel into Nigeria, petrol station owners seems to be cashing in on the situation on ground with petrol selling for as high as N300 per litre in Ejigbo area of Lagos state.

At other filling stations petrol sold for N200 and N15o respectively. With long queues at the few petrol stations opened consumers were ready to buy fuel at any amount available to them.

"This is really ridiculous. How can we celebrate May Day without electricity and petrol. I cannot enjoy the day with my family because there is no power. The federal government should settle with the oil marketers before things go out of hand," a consumer, Adekunle Adewale told PM News.

Another aggrieved buyer blamed the scarcity on the federal government, stating that, it was a calculated attempt to frustrate the incoming government. "The federal government is doing this on purpose. They should have paid the oil marketers before now. They left our refineries in tatters and we are left at the mercy of this so-called marketers."

On LASU-Isheri expressway most of the filling stations were shut. But those opened like Petrocam, Total and FAWA forced long queues on motorists who could not get pass vehicles trying to get fuel.

In Sango Ota, only NNPC opened on Thursday but fuel is been sold in the black market with 5 litres costing between N2,000 and N2,500.

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