- Fuel marketers in Nigeria have warned that the ongoing fuel scarcity is likely to persist until next week
- The marketers attribute the scarcity to a combination of supply chain disruptions due to the hunger protest
- Filling stations continue to sell fuel at above N800 across the country, with black marketers selling above N1,000
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that petrol scarcity will be cleared next week.
Chinedu Ukadike, IPMAN’s public relations officer, disclosed that many oil marketers are still apprehensive and are not opening their filling stations for business.
Fuel scarcity to end
Explaining the current challenges, Ukadike noted that the decision to close shop was because of the ongoing protests.
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