Petrol queues resurface in Abuja

 

Queues for petrol have resurfaced in the federal capital territory (FCT) causing anxiety and hardship for residents trying to get the product.

It is not clear why the petrol queues are back in the nation’s capital.

TheCable observed that between Saturday and Sunday, many petrol stations were closed. The few selling the product had long queues.

The development comes weeks after parts of the country witnessed petrol scarcity.

In April, the national assembly approved the request of President Muhammadu Buhari to earmark N4 trillion for petrol subsidy.

The lower and upper legislative chambers approved the president’s request after they revised the 2022 medium term expenditure framework (MTEF) and fiscal strategy paper (FSP).

Speaking at the time, Senate President Ahmad Lawan lamented that the country depends too much on the oil industry, adding that any change in the global economy hits the country hard.

“I also think that diversification of our economy is key because we depend so much on oil and gas and the slightest issue that affects the global economy affects us seriously in our country here,” Lawan had said.

  • Related Posts

    Nigeria’s Inflation Climbs To 15.38% In March

      Nigeria’s headline inflation rate rose to 15.38% in March 2026, reflecting a modest increase from the 15.06% recorded in February.   This is according to the latest data from…

    33 banks raise N4.65tn as recapitalisation ends – CBN

      The Central Bank of Nigeria on Wednesday said 33 banks have met new minimum capital requirements under its recapitalisation programme, raising a combined N4.65tn to strengthen the financial system.…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    CBN alerts public to surge in fake emails, online scams

    • By admin
    • April 22, 2026
    • 2 views
    CBN alerts public to surge in fake emails, online scams

    Iran seizes two ships attempting to cross Strait of Hormuz

    • By admin
    • April 22, 2026
    • 10 views
    Iran seizes two ships attempting to cross Strait of Hormuz

    Government officials complicit in killing of Christians in Nigeria — US senator

    • By admin
    • April 22, 2026
    • 10 views
    Government officials complicit in killing of Christians in Nigeria — US senator

    167 senior police officers face disciplinary action

    • By admin
    • April 22, 2026
    • 4 views
    167 senior police officers face disciplinary action

    Trump extends ceasefire with Iran, cites request from Pakistani leaders

    • By admin
    • April 22, 2026
    • 5 views
    Trump extends ceasefire with Iran, cites request from Pakistani leaders

    Bandits raid Kaduna community, kill 2, abduct 7

    • By admin
    • April 22, 2026
    • 6 views
    Bandits raid Kaduna community, kill 2, abduct 7