Fuel Scarcity Returns in Lagos as Petrol Stations Shut Down Operations
Long queues reappear across the city as marketers cite supply shortages and rising distribution costs amid fresh market disruptions.
Fuel scarcity has resurfaced in Lagos as several petrol stations shut down operations, leading to long queues and panic buying across parts of the state. Marketers blame supply shortages and rising logistics costs for the latest disruption in fuel distribution.
Residents of Lagos State are once again grappling with fuel scarcity as several filling stations across the metropolis have either shut down operations or are dispensing petrol at limited capacity.
The situation has led to the re-emergence of long queues at the few stations still selling fuel, with motorists spending hours in line to purchase Premium Motor Spirit (PMS).
Reports indicate that some independent marketers have temporarily suspended sales due to supply shortages, while others are operating intermittently as they struggle with rising distribution and landing costs.
The development has triggered panic buying in some areas, with commuters and commercial drivers rushing to secure fuel amid fears that the scarcity may worsen in the coming days.
Transport fares have already begun to rise in some parts of the city as drivers adjust to increased operational costs and fuel availability challenges.
Industry observers say the situation may be linked to supply chain disruptions, foreign exchange pressures affecting importation, and logistics bottlenecks within the downstream sector.
Despite the deregulation of the petroleum sector, challenges around consistent product availability continue to affect consumers, particularly in major commercial hubs like Lagos.
Authorities and stakeholders are expected to intervene to stabilize supply and prevent further escalation of the situation.
