L
LequteMan
Guest
The fuel scarcity situation in the country is getting worse due to speculations about an expected hike in the pump price of the commodity, Punch reports.
Excerpt:
After a few days of relief, fuel queues grew longer at some filling stations in Lagos and Ogun states on Tuesday, as speculations about an imminent increase in the price of Premium Motor Spirit sparked panic buying.
Long queues of desperate motorists and other customers, which spilled onto the road and caused gridlock, were seen at filling stations on the Otedola Estate and Berger end of the Lagos-Ibadan Expressway.
At some other filling stations in the two states, petrol was sold for between N120 and N160 per litre, while black marketers had a field day as they sold the product for as much as N250 per litre.
Read full story
Excerpt:
After a few days of relief, fuel queues grew longer at some filling stations in Lagos and Ogun states on Tuesday, as speculations about an imminent increase in the price of Premium Motor Spirit sparked panic buying.
Long queues of desperate motorists and other customers, which spilled onto the road and caused gridlock, were seen at filling stations on the Otedola Estate and Berger end of the Lagos-Ibadan Expressway.
At some other filling stations in the two states, petrol was sold for between N120 and N160 per litre, while black marketers had a field day as they sold the product for as much as N250 per litre.
Read full story