{"id":5779,"date":"2024-04-30T17:05:09","date_gmt":"2024-04-30T17:05:09","guid":{"rendered":"https:\/\/sotnews.agency\/?p=5779"},"modified":"2024-04-30T17:25:29","modified_gmt":"2024-04-30T17:25:29","slug":"nigerias-fuel-crisis-brings-businesses-to-a-halt","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=5779","title":{"rendered":"Nigeria\u2019s fuel crisis brings businesses to a halt"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 13 Second <\/div>\n\n <\/div>

Fuel shortages that hit parts of Nigeria last week have escalated, bringing several businesses to a halt, including in commercial hub Lagos.<\/p>\n

Public transport users were left stranded on Monday as operators pulled services, while some of those who obtained transportation were made to pay higher fares,\u00a0privately-owned broadcaster Channels Television reported.<\/p>\n

Local media reports say motorists are scrambling and queuing for fuel for hours at the petrol stations still operating.<\/p>\n

Many stations have closed, citing shortages in supplies from the formerly state-owned oil company, which has seen black market retailers sell oil by up to three times the normal price.<\/p>\n

Last Thursday, long queues returned at petrol stations in the capital, Abuja, and the neighbouring Nasarawa and Niger states.<\/p>\n

But the Nigerian National Petroleum Company (NNPC) warned against the panic buying of petrol, saying prices would not change and that there was sufficient fuel.<\/p>\n

The NNPC said on Thursday in a\u00a0statement on X, that the limited availability of petrol was a result of logistical problems, which had been fixed.<\/p>\n

On Monday, a spokesperson for the company denied reports that it was rationing fuel sold to retailers and that it was prioritising supplies to the capital, Abuja,\u00a0privately-owned The Punch newspaper reported.<\/p>\n

Nigeria frequently experiences oil scarcity, despite being one of Africa\u2019s biggest economy and oil producer.<\/p>\n

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Fuel shortages that hit parts of Nigeria last week have escalated, bringing several businesses to a halt, including in commercial hub Lagos. Public transport users were left stranded on Monday… <\/p>\n","protected":false},"author":1,"featured_media":5780,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"yes","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-5779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/5779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5779"}],"version-history":[{"count":1,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/5779\/revisions"}],"predecessor-version":[{"id":5790,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/5779\/revisions\/5790"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/media\/5780"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}