Efforts to rein in fuel supply shock have failed, leading to endless queues at many retail outlets in Lagos, Abuja, Port Harcourt and other cities. The crisis has worsened gridlocks in the metropolis with thousands of commuters stranded at bus stops. Triggered by the shortage of Premium Motor Spirit (PMS), the cost of transportation, a key driver of inflation, has doubled or tripled in different cities. Amid prolonged crisis, the Nigerian National Petroleum Company Limited, yesterday, said 2.3 billion litres of additional PMS is being imported into the country to complement the existing one billion litres supply, as part of measures to address the scarcity. Adetunji assured that the ongoing efforts would be sustained to restore normalcy and urged Nigerians to avoid panic buying.

Source: The Guardian February 16, 2022 04:24 UTC