Fuel price soars to N1,300/litre amid scarcity as depots run dry Fuel shortages have hit several states across the country, including Kano, Lagos, Kaduna, Rivers, and parts of Abuja and Niger, as many depots for Premium Motor Spirit (commonly known as petrol) are currently empty. This alarming situation has led to long queues at petrol stations, prompting black marketers to exploit the crisis by charging exorbitant prices, with rates reaching as high as N1,300 and N1,500 per litre in certain areas of Lagos and Ogun states. The surge in demand began to...