Wednesday 18 November 2015

Petrol price soars as scarcity persists nationwide


Pump price of petrol has continued to increase in towns across the country as scarcity of the product persists on Wednesday, the News Agency of Nigeria (NAN) reports.

A survey by NAN in major cities across the country shows that long queues have characterised the few fuel stations that are selling the product, while others remained closed.

Some residents in Osun expressed worry over the lingering scarcity of petrol, which according to them, has worsened the living conditions of the people.

Mr Sulaimon Ayoola, a commercial driver at Orita-Sabo in Osogbo, said the scarcity of petrol was adversely affecting businesses in the area.

He said that a litre of petrol was being sold for between N120 and N140 per litre at few fuel stations with long queues.

Mrs Tejumola Oso, a trader in the Orisunbare Market in Osogbo, said the high transport fares, caused by the scarcity of petrol, had affected sales in the market.

She urged the Federal Government to quickly intervene to ease the sufferings of the people.

A Public Affairs Analyst, Mr Dotun Deinde, described the current situation as unfortunate and urged government to immediately arrest the situation.

NAN reports that the situation was the same in Keffi in Nasarawa State as residents agreed that government should end to the lingering fuel scarcity.

Mrs Cecilia Austin, a commuter, said she paid N700 from Keffi to Lafia against the usual N500.

She said the scarcity of the petroleum products was causing untold hardship to her and many others in the area.

She advised the Federal Government to take strong measures against petroleum dealers and marketers who were hoarding petroleum products.

Austin advised government and marketers to address the problem immediately for social and economic development of the country.

“It is unfortunate and uncalled for that some selfish fuel marketers are creating artificial scarcity of petroleum products in the country.

Mr Emmanuel Anejuka, another commuter, urged government to quickly address the difficulties being experienced by Nigerians.

Mr Haruna Abdullahi, a commercial driver, accused fuel stations of sharp practices, saying that many of them had adjusted their metres above the N87.00 per litre official pump price.

Ayuba Danjuma, another motorist, said that petrol scarcity had forced him and other drivers in the area to resort to patronising the black market.

NAN reports that only three fuel stations were dispensing fuel with long queues out of the 13 fuel stations in Keffi.

Residents in Owerri and other communities in Imo also urged the Federal Government to urgently address the scarcity to ease the sufferings of Nigerians.
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Correspondents of NAN, who monitored petrol sales in Owerri and other towns across Imo, report that petrol was being sold between N140 and N200 per litre.

Many fuel stations on Port Harcourt Road, Orji Road, and Egbu Road in Owerri sold a litre of the product for between N150 and N165 per litre.

NAN also reports that the petrol stations in other parts of the town sold the product for between N170 and N200 per litre.

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