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Nairaland Forum / Nairaland / General / Politics / Petrol Price Rises To N110! (732 Views)
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Petrol Price Rises To N110! by Nobody: 4:57pm On Aug 01, 2015 |
The price of petrol rose above the
official one. Nigerians all over the
country complain that they have
to buy petrol for N110 and above
instead of N87 per litre. According to the Punch, the filling stations in Owerri, Imo state, are selling pertol above the pump price. “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,” said a motorist, Mr. John Okorie, who expressed disappointment at the N110 pump price. In Akure and other towns of Ondo state, the price reached N120 per litre. A motorist, Mr. James Fayehun, blamed the President in failing to sanction dealers who have been defaulting on the regulated price. In Edo state, the product was not available in most filling stations that led to long queues by motorists at the few stations that were dispensing petrol. In Minna, Niger state and in Asaba, Delta state, most filling stations are selling for N110 and N115. In Kano and Kwara states, the commodity sells for N110 and N130 per litre. Independent marketers in Calabar, Cross River state, pegged the price of PMS between N105 and N110 per litre. In Osun state, most petrol stations sell a litre of petrol for N110 even though the price stated on their fuel dispenser is N87. The price of the petrol in Bauchi state fluctuates as the price ranges between N87 and N110. In Oyo state, there is hardly any filling station selling petrol at the official pump price of N87 per litre. At least, 95 per cent of the major filling stations no longer sell the product as they claim they cannot get the product at rates that will make them sell at the official pump price. In Ekiti state, where the product also sells for not less than N110. Meanwhile, experts have said that petrol subsidy arrears have continued to rise, in spite of the hike in the price of petrol by marketers. About two months ago, it was revealed that petrol subsidy arrears had hit N291bn. Speaking about the currect subsidy claims, the executive secretary of Depot and Petroleum Products Marketers Association, Mr. Femi Adewole, claimed that the figure had increased. “I don’t have the figure, but I know that what former Minister of Finance, Dr. Ngozi Okonjo-Iweala, handed over was N291.7bn. We have imported some cargoes after that and PPPRA has yet to advise our members because it does the calculations,” he said. Source:www.naij.com/504768-petrol-price-jumps-n110-nationwide.html Cc: lalasticlala |
Re: Petrol Price Rises To N110! by Kossyne(m): 4:58pm On Aug 01, 2015 |
K |
Re: Petrol Price Rises To N110! by kossyablaze(m): 4:59pm On Aug 01, 2015 |
Kossyne:namesake hw fr u na 3 Likes 3 Shares |
Re: Petrol Price Rises To N110! by benedictnsi(m): 5:00pm On Aug 01, 2015 |
Pls who is the minister of petroleum The person is ............ Lol anyway i bought 100 today |
Re: Petrol Price Rises To N110! by SMARTKOSSY: 5:01pm On Aug 01, 2015 |
KOSSY |
Re: Petrol Price Rises To N110! by deadZONE: 5:03pm On Aug 01, 2015 |
Re: Petrol Price Rises To N110! by glamourroudy(m): 5:05pm On Aug 01, 2015 |
. |
Re: Petrol Price Rises To N110! by hakeem4(m): 5:06pm On Aug 01, 2015 |
K |
Re: Petrol Price Rises To N110! by refreshrate: 5:12pm On Aug 01, 2015 |
Senator1974: Change has come including change in fuel pump price, while crude reducing in cost in the international market fuel is costing more in Nigeria. BTW still waiting for the global crude price issue to be resolved. Inhaling cow dung must be dangerous to health [size=32pt]APC? CHANGE!!![/size] |
Re: Petrol Price Rises To N110! by hinwazaka: 5:18pm On Aug 01, 2015 |
It depends on your location. I filled my tank yesterday at 87 Naira per litre |
Re: Petrol Price Rises To N110! by abduljabbar4(m): 5:21pm On Aug 01, 2015 |
Maybe in your village but here the price is 87 naira per litre |
Re: Petrol Price Rises To N110! by Nobody: 5:25pm On Aug 01, 2015 |
refreshrate: This ain't about Change. Pump price has always been unstable since time immemorial. |
Re: Petrol Price Rises To N110! by baralatie(m): 5:32pm On Aug 01, 2015 |
since! you just dey know |
Re: Petrol Price Rises To N110! by refreshrate: 11:43pm On Aug 01, 2015 |
Senator1974: We're talking Nigeria here o not cotonou |
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