According to an oil marketer, the scenario of gasoline scarcity will last till the beginning of next week.

Nigerians are already paying extra for gasoline even though the official price is still N165 per litre due to the country's widespread fuel shortage.

The situation changed after the Independent Petroleum Marketers Association of Nigeria (IPMAN) implemented a new pricing structure over the weekend. Many of them argued that selling at the official price amounted to operating at a loss.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) confirmed this in a statement by its Lagos State Depot (LSD) Secretary, Akeem Balogun, who said, "With the present pricing, there is no way we can sell less than N180 per litre.

“Members are hereby advised to sell at a sustainable price within their environment. Just make sure that the price is on your pump.”

Due to the lack of commercial vehicles, the development on Monday, June 20, 2022, caused gasoline shortages in Lagos and left commuters stuck throughout the state.

Many independent gas stations were closed, and those that did open had huge lines of automobiles, motorcyclists, commercial drivers, and people carrying jerrycans waiting to fuel their vehicles with gasoline.

Numerous people turned to hiking to get where they needed to go, which resulted in high traffic on the Ikorodu Road, Ikoyi, Ikeja, Airport Road, Oshodi, Ejigbo, Egbeda, Ikotun, and Igando.

Other cities throughout the nation, including Abuja, Akure, Ado-Ekiti, Abeokuta, Jos, and many more, all reported fuel shortages.

Along with IPMAN's explanation, a source from the Major Oil Marketers Association of Nigeria (MOMAN), who talked with TheNation, said that the supply chain disruption was to blame for the shortage.