Commuters, motorists and residents in Abuja on Wednesday cried out over the increased prices of fuel as it sells on the black markets as high as N600 per liter instead of N162 or N165.

The Big Picture. 
As the fuel scarcity worsened around the country, the queues reported at filling stations have been worsening over the past few weeks. This scarcity has left motorists, commuters and residents stranded as transportation fares increased by 150% in Lagos, Port Harcourt and Kano.

The Chief Executive Officer/Group Managing Director of NNPC Ltd, Mallam Mele Kyari, had earlier promised that NNPC would resolve the fuel scarcity situation, but this has not been the case. Speaking on the crisis, the Statistician-General of the Federation, Dr Simon Harry, said the situation could increase inflation rates if it persists.

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