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Home | Marketers Hoard Product as Fuel Scarcity Bites

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Marketers Hoard Product as Fuel Scarcity Bites

Tapre Timine
Tapre Timine
Published: June 13, 2025
Last updated: June 13, 2025
3 Min Read
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Marketers Hoard Product as Fuel Scarcity Bites | Daily Report Nigeria
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Lagos–Some fuel stations have been accused of hoarding fuel due to its scarcity.

Lagosians on Monday morning woke up to another week of acute fuel shortage.

It was gathered that filling stations were under lock and key, saying they had run out of fuel.

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However, the few stations dispensing, especially the NNPC retail outlets, were accused of hoarding fuel and refusing to sell to motorists who have been in a queue since 5 am.

Many motorists expressed anger at an NNPC retail outlet opposite Omole-1 gate along Ogunnusi Road, Ojodu-Berger, over its refusal to sell fuel when it had the product.

According to the reports, Motorists were told this morning that they would only start dispensing fuel by 10:00 even though its resumption time was 7 a.m.

One of the motorists said that the filling station abruptly stopped selling fuel on Sunday. Its excuse was that the station was becoming rowdy.

The motorist said:

“On the instruction of the manager, they just stopped selling and this was because the security man on duty failed to do his work by ensuring orderliness. This wasn’t caused by those of us on duty. We begged and begged, and they said we should come back by 6:00 am on Monday.

Now we have been here since 5 a.m and all their staff are here but they are saying they won’t sell until 10. They didn’t give us any reason for not selling.”

Reports further revealed that all the filling stations along the Ogunnusi Road/Isheri stopped selling fuel.

Rainol was among the filling stations accused of not selling fuel which now preferred to sell to motorists at an exorbitant price.

However, the Rainoil filling stations were said to have been selling to those buying inside kegs, but they were charged additional money.

They collect N1500 on a 30-litre Jerry can or from a motorist filling his/her fuel tank.

It was learnt that the same situation was experienced by buyers across the state.

READ ALSO: Nigerian Students Studying Abroad to Blame for Naira Fall– CBN ☞

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