02:46:00
– Fuel scarcity bites harder in the Garden City
– A litre of petrol goes for sale at about N250
– Most filling stations in the city centre are locked in keys
As fuel scarcity continues to bite hard in most cities across Nigeria, hundreds of motorists looked stranded in the Garden City of Port Harcourt as most of the filling stations in the city centre are locked up in keys as at today, February 21.
A closed filling station
Moving around the GRA, Rumuomasi as well as the Rumuokoro axis, black marketers of petroleum products were seen hustling around the areas selling at exorbitant prices ranging from N250 per litre.
READ ALSO: Police makes huge recovery in Edo, arrests suspects (photos)
As at the time our reporter visited the Rumuagholu area, the only filling station dispensing the product was selling at N120 per litre, as a result, the outlet was deserted, an indication that vehicle users could not afford it.
The ever busy Psychiatric road at Rumuigbo, now deserted
Also, long queues have returned to most parts of Benin City, the Edo state capital.
Meanwhile, Farouk Ahmed, the outgoing executive secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA) on February 18, stated that the federal government might effect a further reduction in the pump price of petrol from April 2016
Ahmedalso disclosed that as of February 3, about one month after the commencement of price modulation which led to the review of the pricing template of petrol, the country had saved N2.6bn.
Photonews: Fuel scarcity threatens to bite harder at the eye of a failing economy
According to him, the decision on the review of the price of PMS will be taken next month by the minister of state for petroleum resources, after due consultations with stakeholders and based on the price of crude oil on the international market.
The post Fuel scarcity cripples commercial activities in Port Harcourt (Photos) appeared first on Nigeria News today & Breaking news | Read on NAIJ.COM.
from Nigeria News today & Breaking news | Read on NAIJ.COM http://ift.tt/1mQ0KXG
via IFTTT
No comments
Post a Comment