Skip to main content

Nigerians Groan As Petrol Stations Sell N168 Per Litre

The new price regime of the Premium Motor Spirit, otherwise known as petrol, is taking its toll on Nigerians as fuel stations across cities now sell the commodity for as high as N168 per litre.

Recall that the Petroleum Products Marketing Motor Spirit had increased the ex-depot price of fuel, from N147.67 to N155.17, in an internal memo with reference number PPMC/C/MK/003, dated November 11, 2020, and signed by one Tijani Ali.

File Photo


SaharaReporters observed that the new price regime had taken effect in cities such as Ibadan, Oyo State; Akure, Ondo State; Suleja, Niger State; Lokoja, Kogi State, and the Kubwa area of the Federal Capital Territory, Abuja.

Motorists in the South-West Oyo and Ondo states shared their agonising experiences with SaharaReporters in purchasing the fuel not only at the new prices but with long queues as experienced by some.

“At Golden Impression in Samonda, Ibadan, a litre was sold at N160; later, they started selling to us at N168 per litre,” Mr Sulaimon Oyetunde recounted his ordeal.

However, a motorist in Ibadan, Kazeem, said, “I bought fuel at N160 per litre at Multilad Filling Station, and there was a long queue.”

See Also

Oil

Nigerians Slam President Buhari, APC Over Petrol Price Increase

0 Comments

6 Days Ago


According to Mr Ademola Adebayo, he bought petrol to his car at the rate of N157 per litre at the Nigerian National Petroleum Corporation filling station at Bashorun, near Iwo Road, Ibadan. He also lamented the queue he had to battle with.

Also, Mr Adewole Ogumodede said he purchased petrol at the rate of N159 per litre at Fortress Filling Station at Barika, opposite the University of Ibadan, along Ojoo-Oyo Road, but there was no queue.

 “At the North Gate in Akure, I bought my fuel at N168 per litre. There was no queue there, but the people were all lamenting,” another motorist, Mr Kolawole, said.

Oil

News

AddThis

: 

Original Author

: 

SaharaReporters, New York

Disable advertisements

: 

from 24HRSNEWS
via 24HRSNEWS



from EDUPEDIA247https://ift.tt/3nGr3j0
via EDUPEDIA

Comments

Post a Comment

Popular posts from this blog

Nigerian Academy Of Science Inducts First Female President

The Nigerian Academy of Science has inducted a professor of Parasitology/Epidemiology, Ekanem Ikpi Braide, as its 19th President on Thursday. In a statement issued by Oladoyin Odubanjo, the Executive Secretary of the Academy, Braide is the Academy’s first female President in 44 years of existence. It read, “Braide was a member of the national committee that achieved the laudable feat of guinea worm eradication in Nigeria. “She has a rich professional experience as a researcher and an administrator. In July 2010, Professor Braide was honoured by the President of Nigeria with the award of Officer of the Order of the Federal Republic (OFR) for her contribution to disease control in Nigeria. “She was nominated by the Honourable Minister of Health to serve in the Ministerial Expert Advisory Committee on COVID-19 Health Sector Response (MEACoC-HSR). “Professor Braide served as Vice-Chancellor, Cross River University of Technology (CRUTECH) Calabar, Nigeria (2004 to 2009) and as P...
Post a Comment
Read more

NLNG Signs Letter Of Intent On Delayed Gas Expansion Project

The Nigerian Natural Liquefied Gas LTD has signed a letter of intent for the engineering, procurement and construction of its long held up Train Seven project. In a statement released by the company on Wednesday, it said that the $10bn project will be executed by a consortium of Italian firm Saipem, Japan’s Chiyoda and South Korea’s Daewoo. The statement reads, “The project will form part of the investment of over $10bn including the upstream scope of the LNG value chain, thereby boosting the much needed Foreign Direct Investment profile of Nigeria.” Managing Director of NLNG, Tony Atta, said in 2018 that the Final Investment Decision would be made in the fourth quarter of that year. This did not however, materialize. According to the release, the project will have a four to five-year execution time after the signing of the FID. The project is expected to add an extra 8 million tons per annum of gas to the 22 mtpa currently exported by the company. Oil News AddThis :...
Post a Comment
Read more

Former Maritime Agency Boss, Buba Galadima, Accuses AMCON Of Witch-hunt After Property Takeover

  A former Director-General of the Nigeria Maritime Agency, Buba Galadima, has accused the Asset Management Corporation of Nigeria of witch-hunt after the agency took possession of his business and assets on Tuesday in Abuja. Galadima, an ardent critic of President Muhammadu Buhari, claimed that he did not borrow money or have unpaid debt with Unity Bank, which lodged a complaint against him and occasioned AMCON’s move on Tuesday. The properties taken over include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory, Abuja and House No. 4, Bangui Street, Wuse 2, also in Abuja.  Reacting to the situation, Galadima said, “This is an attempt to disgrace and break me down. This is injustice and an attempt to humiliate me. "But I am unbreakable and they can never silence me. They sacked me and over 50 people that sleep in the apartment. "We don’t know where to go. We will remain on the streets. We will remain on the streets until God provi...
Post a Comment
Read more