Nigeria Nigeria's Fuel Crisis Deepens as Stations Shut Down over ₦720/Litre Price Hike

Fuel scarcity grips Nigeria as depots hike petrol prices to ₦720/litre, causing stations to shut down amid supply fears. Nigerians criticize the NNPC's handling of the crisis.

Fuel scarcity looms across Nigeria as private depots raise petrol prices to ₦720 per litre, prompting concerns over supply shortages and high costs. Many filling stations in Lagos, Abuja, and other states have shut down due to the unaffordable prices set by depot owners. The Nigerian National Petroleum Company faces scrutiny over its handling of the situation amidst accusations of fuel mismanagement and inadequate supply to independent marketers. Nigerians, frustrated by the situation, criticize the government's economic policies and demand clarity on the fuel crisis.

The announcement of petrol prices reaching ₦720 per litre has sparked widespread frustration and criticism among Nigerians. Many express disbelief at the steep increase, questioning the government's management of the economy and its impact on ordinary citizens.

Social media users lament the dire implications for transportation costs and daily living expenses, with some attributing the crisis to ineffective policies and governance.