Mr Otedola advised the federal government to emulate other countries by supporting local industries like the Dangote Group for the country to thrive.
“This government is run by kakistocrats and kleptocrats, ” Mr Ndume said.
NNPC’s retail outlets sell at N617 per litre, while the independent marketers sell between N660 and N900 per litre.
“The NNPC Ltd is working with relevant stakeholders to resolve the logistics challenges and restore a seamless supply of petrol to affected areas,” the company said.
The removal of the fuel subsidy jerked prices from N190 per litre to N580 per litre, and often more, depending on the naira’s value in the foreign exchange market.
Several Badagry residents were stranded on Tuesday as most commercial vehicles were off the road due to petrol scarcity.
IPMAN threatened to withdraw its services over non-payment of N200 billion bridging claims by the NMDPRA.
As fuel scarcity and long queues persist, commuters in Abuja witness a hike in the cost of transportation, and many are stranded.
While most fuel stations were not dispensing fuel, others increased their prices to between N750 and N810 per litre as motorists struggled to buy the product.
They appealed to the federal government to resolve whatever the issues were.
