Black market rules as Abuja residents pay N250 per litre for fuel

Newspaper reports suggest a litre of fuel is going for about N250 in some parts of the Federal Capital Abuja. According to investigation from the Punch, black market operators have replaced filing stations as the only means of obtaining the product using jerry cans to replace the nozzles.

As expected, fuel sold for as much as N250 per litre by black market operators whist the few filing stations who had the product sold for N130.

It is so bad that most filing stations in the city centre did now have fuel to sell as they were mostly shut. The reason for the fuel scarcity was attributed to marketers who refused to lift petrol to Abuja since Thursday on the back of claims that they are yet to be paid their subsidy claims.

Meanwhile the PPPRA had on its website a fuel price of about N119.39 suggesting a fuel subsidy of N32.39