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Updated: Blackmarket Petrol Selling at N600/Litre in Abuja

Blackmarket petrol now goes for six hundred naira (N600) per litre in the Federal Capital Territory, FCT, Abuja.

However, close by states like Nasarawa and Niger, respectively, are suffering similar fates as the commodity is scarce and difficult to access.

Most car owners in the aforementioned states and Abuja have since been stuck in queues attempting to purchase fuel to go about their daily transactions.

Although those selling for N400/litre are black marketers who are also complaining of how difficult it is to gain access to the quantities they have at hand.

Blackmarket Fuel

It was learnt that the recent hike in the price of Premium Motor Spirit, PMS is coming almost a week after the import of millions of dirty PMS from Europe into Nigeria disrupted the fuel supply system of the country, leading to long queues nationwide.

Meanwhile, NNPC recently said Nigerians should avoid panic buying as enough fuel will be made available within this period.

Also, a significant percentage of filling stations in Nigeria’s capital city do not currently have petrol to sell.

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