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Fuel Scarcity: Black Marketers Enjoy High Patronage In Lagos

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Fuel

More black markets spots for the sale of Premium Motor Spirit (PMS), otherwise known as petrol, are daily springing up in different parts of Lagos state.

This followed the lingering fuel scarcity being experienced in parts of the country.

Crystal News Nigeria reports that the commodity is being displayed at various major roads where several motorists, technicians and households are patronising them.

Major highways in the state, Akowonjo area inward Orisunbare among others, are some of the areas petrol is being sold Lagos.

Some of the operators are artisans who abandoned their jobs to grab the opportunity of the fuel scarcity and some unemployed youths.

A five-litre jerrican of the commodity is sold between N1,500.

A car hire operator, Mr Tunde AbdulRasheed, told our correspondent that the situation was terrible as he always buy five litres of petrol from the black marketers for N1,500.

He appealed to the Federal Government to urgently arrest the situation which, he noted, had affected the socio-economic activities of the country.

Consequently, commercial vehicle operators, including tricycles operators and commercial motorcyclists, have increased fares by 100 per cent.

Chaotic and long queues are seen at the few fuelling stations in some parts of the metropolis dispensing petrol.

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“Lights, Camera, Abuja! AICL GMD Attends SIN Premiere, Reinforces Support for Creative Economy”

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Abuja, Nigeria – July 12, 2025 – The Group Managing Director of Abuja Investments Company Limited (AICL), Ambassador Maureen Tamuno, attended the highly anticipated premiere of the movie SIN as the Special Guest of Honour at Silverbird Cinemas, Jabi Lake Mall, on Saturday, July 12, 2025.

The premiere drew industry stakeholders, creative talents, investors, and cinema enthusiasts to celebrate Nigeria’s evolving film industry. Ambassador Tamuno’s presence underscored AICL’s ongoing commitment to positioning Abuja as a leading destination for film, culture, and creative enterprise.

The Abuja Film Village project is a visionary initiative and subsidiary of AICL designed to create a thriving hub for film production and entertainment in the heart of Nigeria. Which aligns with AICL’s mandate to drive impactful investments in Abuja’s creative economy, and also echo the broader development goals of the Federal Capital Territory Administration (FCTA) under the leadership of the Honourable Minister of the FCT, Barr. Nyesom Wike.

Delivering the vote of thanks, Ambassador Maureen Tamuno, the Group Managing Director of Abuja Investments Company Limited (AICL), expressed excitement over the premiere of SIN, describing the film as a compelling and socially relevant production that reflects the power of storytelling in shaping public awareness.

“This is an international-standard film, and we’re truly excited to see this level of work being produced” she said. “SIN is not just a movie — it’s a message. These are the kinds of stories we need to tell, especially to our young people, to help them understand the risks of getting involved in things they don’t fully comprehend.”

The movie SIN, written and produced by Jim Iyke explores the dark realities of drug use and trafficking, shedding light on the devastating impact of substance abuse on individuals, families, and communities. It showcases the depth of Nigerian storytelling and the growing potential of Abuja as a cinematic backdrop for socially conscious films.

The premiere was attended by notable figures from the public and private sectors, including Abdullahi Auwal Rano [Chairman AA Rano group of companies], Charles Odii[DG/CEO of SMEDAN], DCG BM Jibo[Deputy Comptroller of Customs] and Prince Nicolas Okachukwu amongst others.

AICL’s strategic initiative of the Abuja Film Village Project are in line with the vision of the Renewed Hope Agenda championed by President Bola Ahmed Tinubu, which prioritizes youth development, job creation, and cultural revitalization through strategic public-private partnerships.

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Tinubu May Replace Shettima with Kwankwaso as 2027 Running Mate

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Tinubu considers Kwankwaso 2027 running mate

Tinubu considers Kwankwaso 2027 running mate as political tension grows in North. Shettima’s position faces internal criticism amid Kano-based pressure

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Dapo Abiodun’s Educational Qualifications: The Moral Burden

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Dapo Abiodun academic controversy

Governor Dapo Abiodun’s academic controversy raises critical questions about leadership integrity, youth inspiration, and education in Nigeria

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