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Africa Live: Nigerians excited over Harry and Meghan's planned visit - BBC News | Africa Live: Nigerians excited over Harry and Meghan's planned visit - BBC News |
(32 minutes later) | |
Fuel shortages that hit parts of Nigeria last week have escalated, bringing several businesses to a halt, including in commercial hub Lagos. | |
Public transport users were left stranded on Monday as operators pulled services, while some of those who obtained transportation were made to pay higher fares, privately-owned broadcaster Channels Television reported. | |
Local media reports say motorists are scrambling and queuing for fuel for hours at the petrol stations still operating. | |
Many stations have closed, citing shortages in supplies from the state-owned oil company, which has seen black market retailers sell oil by up to three times the normal price. | |
Last Thursday, long queues returned at petrol stations in the capital, Abuja, and the neighbouring Nasarawa and Niger states. | |
But the state-owned oil company warned against the panic buying of petrol, saying prices would not change and that there was sufficient fuel. | |
The Nigerian National Petroleum Company (NNPC) said on Thursday in a statement on X, that the limited availability of petrol was a result of logistical problems, which had been fixed. | |
On Monday, a spokesperson for the company denied reports that | |
it was rationing fuel sold to retailers and that it was prioritising supplies | |
to the capital, Abuja, privately | |
owned The Punch newspaper reported. | |
Nigeria frequently experiences oil scarcity, despite being Africa's biggest economy and oil producer. | |
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