Millions of Nigerians are complaining as petrol sells above N110 and queues by motorists continue to grow across the country.
This is against an official price of N87 per litre as the Federal Government subsidises Premium Motor Spirit (petrol) with N45.28 on every litre, according to latest figure from the Petroleum Products Pricing Regulatory Agency.
In most fuel stations across the country, Nigerians have been buying petrol between N110 and N160, despite Buhari’s recent assurance that his administration would not remove fuel subsidy.
In Imo State, one of our correspondents who went round Owerri, the state capital, confirmed that most of the filling stations were selling above the pump price.
A motorist, Mr. John Okorie, who expressed disappointment at the N110 pump price, said he had expected Buhari would frontally tackle the persistent fuel crisis upon his assumption of office.
“If there is anything Buhari has to do to stabilise Nigeria, the first thing is to ensure regular power supply and keeping the pump price of petrol at N87,” he said.
In Ondo State, the product sells for N120 per litre in Akure and other towns.
A motorist, Mr. James Fayehun, blamed the situation on the President’s failure to sanction dealers who have been defaulting on the regulated price.
Read More SOURCE
No comments:
Post a Comment