Oil & Energy
Fuel Scarcity Bites Harder In Abuja
Commuters were on
Friday left stranded at major bus-stops in Abuja owing to the scarcity of fuel which prevented most commercial vehicles from operating within the city centre and in the suburb
Our correspondent, who monitored the situation on Saturday, reports that majority of the filling stations were shut owing to the lack of petroleum products.
Some of the filling stations visited were Total, Oando, NNPC Mega Station, AP, NIPCO and Mobil.
Owing to the closure of the fuel stations, black marketers who had stored petroleum products took advantage of the scarcity to sell fuel to motorists at exorbitant prices.
For instance, a ten-litre keg of fuel was sold for between N2,000 and N2,500 depending on the desperation of the buyer, thus implying that a litre was sold for between N200 and N250.
The development made the few available commercial vehicles increase transport fare by between 80 per cent and 120 per cent, depending on the traffic situation
For instance, between Berger Bus-Stop and Nyanya, a distance of about 20 kilometres, now costs between N250 and N300 N150.