Traffic gridlocks have surfaced in many parts of Lagos Nigeria following panic buying of Premium Motor Spirit, PMS, otherwise known as petrol.
Motorists and consumers on Tuesday, for the second day running, stormed fuel stations in panic buying of the product.
The effect was mostly felt in areas such as Lagos Island, Ikeja, Ojota, part of Alimosho, Agege, Awolowo Road, Ikoyi, LASU-Iba Road and Ikoyi.
Motorists were seen in the early hours of Tuesday, queueing at Mobil Fuel Station, Council-Ikotun Road, Alimosho, where PMS was dispensed via only one nozzle point with four orders inactive.
The situation has resulted in total confusion and long queues of vehicles at various filling stations.
The scarcity situation was first noticed on Monday when long queues of vehicles dotted around fuel stations as motorists struggled to buy petrol, which was believed to have been escalated by increased demand for the product due to power blackout.
Meanwhile, the Nigerian National Petroleum Company, NNPC, Limited, has allayed fears of any hitch in the supply of petroleum products with the assurance of availability, despite reported cases of scarcity of the products, especially petrol, in some parts of the country.
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