3 Costly Queues this Weekend
The average Nigerian will find herself/himself in one or more of three queues this weekend.
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Amidst Nigeria’s Unending Fuel Scarcity, transport costs and food prices increased in December 2022
The scarcity naturally led to most marketers selling petrol above the official pump price of N169 per litre. Petrol costs as much as N330 per litre in many parts of the country.
Analysis: Why is there petrol scarcity?
For weeks (in some places for months), there has been a scarcity of petrol across the country. The scarcity has heralded long queues at filling stations, and many stations are selling at prices that are way higher than the official pump price per litre. In many parts of the country, petrol is sold for as high as N250 per litre as opposed to the official rate of N165.
Three Things Responsible for Nigeria’s Petrol Scarcity Dilemma
For many weeks, Nigerians have been battling with petrol scarcity.