WATCH THE VIDEO HERE FUEL queues have resurfaced in several parts of Lagos as scarcity of petroleum hit Nigeria’s commercial centre. It was observed that in some areas of the state, motorists were spotted in the queues that snaked into the streets. The development caused gridlock around filling stations. A litre of the product now sells for between N800-N1,000 in some filling stations, a move that has resulted in an increase in the cost of transportation. Some filling stations are not selling the product while black marketers have taken advantage of the situation to do brisk business. The situation is not limited to Lagos. Some states in the northern region have experienced persistent scarcity of the product. But in a bid to tackle the situation, the Federal Government through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) threatened to withdraw licenses of filling stations hoarding fuel. “NMDPRA embarks on a war against the illegal sale of petroleum products, especially PMS in jerrycans. Filling stations are advised to desist from servicing illegal peddlers; failure to do so would result in the suspension of retail licences,” the agency said in a tweet on its handle.