Breaking news/Trending/Feature

  • Nigerian man that was beaten to death on the street in Italy

    Nigerian man that was beaten to death on the street in Italy

    0 shares
    Share 0 Tweet 0
  • Breaking News : STEWART EFE’S well deserved appointment as Edo State image Maker

    0 shares
    Share 0 Tweet 0
  • Biography of Edo Funk Super star- Esther .O. Edokpayi

    0 shares
    Share 0 Tweet 0
  • Stephanie O. Linus appointed as National OPS-WASH Ambassador by the Honourable Minister of Water Resources

    0 shares
    Share 0 Tweet 0
  • NAOMI GOLD- ON A RED LIGHT TALK SHOW FINGERED BY COUNSELOR

    0 shares
    Share 0 Tweet 0
  • BENIN KINGDOM STANDS FIRM: “NO LAND TO SPARE” FOR PROPOSED ANIOMA/TORU-EBE STATE

    0 shares
    Share 0 Tweet 0
  • INTERNAL SECURITY: EDO POLICE LAUNCH HOUSE-TO-HOUSE ARREST OF CULTISTS, RAID BLACKSPOTS

    0 shares
    Share 0 Tweet 0
  • woman who was wearing a nightie with no underwear, flashed her private part while dancing

    0 shares
    Share 0 Tweet 0

Breaking news News

  • Nigerian man that was beaten to death on the street in Italy

    Nigerian man that was beaten to death on the street in Italy

    0 shares
    Share 0 Tweet 0
  • Breaking News : STEWART EFE’S well deserved appointment as Edo State image Maker

    0 shares
    Share 0 Tweet 0
  • Biography of Edo Funk Super star- Esther .O. Edokpayi

    0 shares
    Share 0 Tweet 0
https://obalandmagazine.com/wp-content/uploads/2025/10/Edos-Fight-Against-Cult-Violence.mp4

Popular News

  • Nigerian man that was beaten to death on the street in Italy

    Nigerian man that was beaten to death on the street in Italy

    0 shares
    Share 0 Tweet 0
  • Breaking News : STEWART EFE’S well deserved appointment as Edo State image Maker

    0 shares
    Share 0 Tweet 0
  • Biography of Edo Funk Super star- Esther .O. Edokpayi

    0 shares
    Share 0 Tweet 0
  • Stephanie O. Linus appointed as National OPS-WASH Ambassador by the Honourable Minister of Water Resources

    0 shares
    Share 0 Tweet 0
  • NAOMI GOLD- ON A RED LIGHT TALK SHOW FINGERED BY COUNSELOR

    0 shares
    Share 0 Tweet 0

Subscribe to Obaland Magazine

Retail
Monday, March 23, 2026
Login/Register
Advertise
  • Home
  • About Us
  • News
  • Entertainment
  • Music
  • Magazine
  • Contact us
No Result
View All Result
Obaland Magazine
No Result
View All Result
Home news

Fuel rises to N1,300/litre as depots run dry

Zuleihat by Zuleihat
July 29, 2024
in news
0
Fuel rises to N1,300/litre as depots run dry
Tweet
Share
Share

Fuel scarcity and long queues have been experienced in several states across Nigeria, including Lagos, Ogun, Abuja, Niger, and others, due to the dry condition of many Premium Motor Spirit (PMS) depots. Black marketers have taken advantage of the situation, selling fuel for as high as N1,300 per litre in some areas. The Nigerian National Petroleum Company Limited (NNPC) attributed the tightness in fuel supply to a hitch in the discharge operations of some vessels. The NNPC assured the public that it is working with all stakeholders to resolve the situation and restore normalcy.

Despite the assurance from the NNPC, the situation has worsened, with long queues observed at filling stations across major cities. There was no loading of trucks in the Apapa depots, and most depots are reported to be dry. Marketers expressed surprise at the lack of fuel supply and stated that they are forced to buy fuel at higher prices from private depots. The scarcity has led to an increase in the price of fuel, with black marketers selling for as high as N1,500 per litre in some areas.

YOU MAY ALSO LIKE

Nigeria Records 137 Terror/Kidnap Attacks in 4 Weeks, 34 States Affected

Trump Ultimatum: Iran Must Reopen Strait of Hormuz or Face Destruction of Energy Infrastructure

The scarcity and high cost of fuel have affected various parts of the country. In Lagos and Ogun states, many fuel stations did not open for business, and those that did had long queues. Black marketers took advantage of the situation, selling fuel at inflated prices. Similar scenarios played out in Abuja, where black marketers sold fuel for as high as N1,200 per litre. In Ogun State border communities, residents now patronize black marketers due to the ban on fuel supply in those areas. In other parts of the country, including Edo, Gombe, Jos, Taraba, and Adamawa states, long queues and high fuel prices were also observed.Fuel rises to N1,300/litre as depots run dry

The scarcity and high cost of fuel have caused frustration among motorists and residents, who are already dealing with economic hardship. Many have had to resort to alternatives, such as motorcycles, due to the high cost of fuel. The NNPC is yet to provide a timeline for when the fuel supply situation will improve. The scarcity highlights the need to address issues in the distribution channel and ensure direct supply from the NNPC to meet the country’s fuel demand.

Post Views: 419
Share
Tags: Fuel rises to N1

Related Posts

Nigeria Records 137 Terror/Kidnap Attacks in 4 Weeks, 34 States Affected
news

Nigeria Records 137 Terror/Kidnap Attacks in 4 Weeks, 34 States Affected

March 22, 2026
Trump Ultimatum: Iran Must Reopen Strait of Hormuz or Face Destruction of Energy Infrastructure
news

Trump Ultimatum: Iran Must Reopen Strait of Hormuz or Face Destruction of Energy Infrastructure

March 22, 2026
“Messi Reaches Historic 900-Goal Milestone as Inter Miami Exit CONCACAF Champions Cup on Away Goals”
news

“Messi Reaches Historic 900-Goal Milestone as Inter Miami Exit CONCACAF Champions Cup on Away Goals”

March 19, 2026
Pep Guardiola: Manchester City Not 'Complete' After Champions League Exit
news

Pep Guardiola: Manchester City Not ‘Complete’ After Champions League Exit

March 19, 2026
Maiduguri Explosions: Survivors Recount Ordeals,
news

Maiduguri Explosions: Survivors Recount Ordeals,

March 19, 2026
US-Cuba Tensions: Rubio Denies Push to Oust Cuban President
news

US-Cuba Tensions: Rubio Denies Push to Oust Cuban President

March 19, 2026

Search

No Result
View All Result

Recent Posts

  • Oba of Benin Hosts African, European Investors, Signals New Era of Strategic Partnerships March 22, 2026
  • COAS Hosts Sallah Luncheon for Troops in Edo, Reaffirms Welfare Commitment March 22, 2026
  • Osawaru Rolls Out Massive Empowerment Drive, Distributes Buses, Tricycles, Equipment to Constituents March 22, 2026
  • “Trump’s 48 Hour Ultimatum Raises Global Alarm as Iran Israel Conflict Threatens Vital Oil Route” March 22, 2026
  • “LeBron James Makes NBA History, Surpasses Robert Parish in Record-Breaking Lakers Victory Over Orlando Magic” March 22, 2026
  • “BTS Comeback Concert Draws Over 100,000 Fans to Seoul, Marking Historic Return of Global K-Pop Icons” March 22, 2026
  • “Gas Tanker Inferno Sparks Panic Along Awka Enugu Expressway as Emergency Responders Avert Major Disaster in Anambra” March 22, 2026
  • “Akwa Ibom’s IGR Surges to ₦7 Billion Monthly After Treasury Single Account Reform Governor Eno Highlights Fiscal Turnaround” March 22, 2026
  • Nigeria’s Power Sector Struggles: A Crisis of Capacity and Debt March 22, 2026
  • Nigeria Records 137 Terror/Kidnap Attacks in 4 Weeks, 34 States Affected March 22, 2026

Categories

  • Community (3)
  • culture (4)
  • Education (1)
  • Electrical (14)
  • Entertainment (420)
  • fashion (13)
  • Feature (32)
  • Gist (25)
  • Gossip (34)
  • Government (372)
  • Headlines (1)
  • health (82)
  • history (12)
  • International (26)
  • INTERVIEW (9)
  • music (38)
  • Nature (5)
  • News (3,333)
  • news (1,860)
  • Non profit (18)
  • PHOTO (4)
  • Political (303)
  • press release (32)
  • Property (14)
  • review (21)
  • Science (9)
  • Sport (42)
  • Sports (310)
  • TECHNOLOGY (13)
  • Video (4)
  • world (98)

About

About Obaland Magazine

Obaland Magazine is Nigeria’s trusted source for entertainment, political, and social news. We connect readers with verified stories that matter.

Contact Us

obaland podcast radio

Obaland Podcast

Listen to engaging talk shows and interviews from Obaland Multichoice Media House.

🎧 Listen Now

Support us Today

Support Us

Your donations help us maintain free and independent journalism.

Donate Now
No Result
View All Result
  • About
  • Books
  • Checkout
  • Contact us
  • Donate
  • Donate
  • Home
  • Login
  • Magazine
  • Member Directory
  • My Profile
  • OBALAND MAGAZINE AND THE MULTICHOICE MEDIA HOUSE COVERAGE  2025 PRICE LIST
  • Order Confirmation
  • Password Reset
  • Privacy & Policy
  • Register
  • Reset Password
  • Sign Up

All right reserved© 2023 Obaland magazine

1
WhatsApp
Hello 👋
Can we help you?
Open chat