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Economy

Why fuel scarcity resurfaced nationwide — NNPC

The Nigerian National Petroleum Corporation Ltd. (NNPCL) has explained why fuel scarcity resurfaced nationwide.

Dapo Segun, NNPCL’s Vice President (Downstream), addressed the situation during a press conference at the NNPC Towers in Abuja.

He attributed the recent fuel scarcity, which has resulted in long queues at filling stations across the country, to the impact of recent rains, lightning, and thunderstorms.

He acknowledged the widespread fuel queues, which have forced car owners to endure long wait times and led to a surge in black market activity, with fuel prices reaching over N1,000 per litre.

Mr. Segun apologised to Nigerians for the inconvenience, stating that while the corporation does not wish to make excuses, the adverse weather conditions affecting fuel distribution are beyond their control.

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