Nigerians have taken to social media to express their unhappiness as depots in the country raise the fuel price to N720/liter, News About Nigeria reports.
Recall that recently, the price of fuel increased from N630 to N720 per litre in various cities across the country.
This has led to a scarcity of fuel as the Federal Capital Territory, Abuja and the adjoining states on Sunday, dispensed PMS as high as N900/litre.
Some netizens, took to their X handles to register their displeasure with the recent development.
A tweep, @natioonn, stated, “Fuel scarcity in a country where they have it in abundance? Every single Nigerian will feel the consequences for the rigged elections by the INEC chairman. You people should be strong cos the worst hasn’t happened yet.
Another user, @Dbest101, said, “I bought 1k black market yesterday no fuel in any fillings station around yet “Emilokan mandates.
@iam_doctormayor stated, “They are selling fuel at the rate of 800 in some places.
@iam_wilsons wrote, “There’s something genuinely wrong with the foundation of Nigeria. Same issue for 60+ years.”
https://twitter.com/natioonn/status/1810191641082556710
https://twitter.com/Dbest101/status/1810177565031596404
Speaking on the issue, the National Vice President of the Independent Petroleum Marketers Association of Nigeria, Hammed Fashola, in an interview with newsmen, stated that many filling stations did not open for business because they had no fuel in their tanks.
“Those that shut their stations do not have fuel to sell. When you don’t have fuel, you cannot open your station. That is the problem. You know the NNPC is the sole importer of this product. I think it is in the best position to tell us what is actually going on.
“Currently, independent marketers cannot buy what the private depots are selling. They are selling fuel between N715 and N720 per litre. How much will marketers sell the product? Look at the cost of bringing it to their depots; with transportation and other depot expenses, it will be too costly for them. That is why the stations are shut down. Some marketers refuse to go and buy because they know the masses cannot afford high-priced petrol in this economy. That is the situation for now,” the IPMAN leader stated.
