8.4 C
New York
Saturday, September 30, 2023

Queues Resurface In Imo – Fuel Sells N400 Per Litre As Tinubu Announces Removal Of Subsidy



- Advertisement -

By Joshua Chibuzo Andrew, Owerri

A litre of Premium Motor Spirit popularly known as fuel now sells between N380, N400 and N450 at different fuel stations in Owerri, the Imo State capital.

The hike in price in the state capital started immediately Bola Tinubu was sworn in as the president and announced the removal of fuel subsidy.

Fuel station owners who were initially dispensing at N235 and N240 per litre immediately readjusted their pump prices at N380, N400 and N450 per litre, respectively.

Our correspondent who monitored the development on Monday evening and Tuesday morning in the metropolis, observed that many fuel stations shutdown.

READ ALSO  ‘Tuition Free’ Education Has Been in Anambra Since Ngige Era —Group Chides Soludo Tells Soludo

The few who managed to open were selling at N380, N400 and N450 per litre, respectively.

The development had caused queues at different fuel stations who are dispensing fuel in the state capital.

Our correspondent observed also that motorists immediately increased the prices of fares per drop in the state capital.

For example, from Orji to Douglas road which was N200 is now N300 per drop. Orji to the the government house roundabout which was N100 per drop is now N200.

At Okwysco fuel station, our correspondent bought a litre of fuel at N380, with many on the lines waiting to buy on Monday morning.

READ ALSO  In Awka, Redemption Choir Holds 2023 Choral Festival Amidst Panegyrics

A motorist who identified himself as Johnson said ” you see this is what the Tinubu’s administration is giving us. Hike in the prices of fuel which in turn will skyrocket the prices of goods and services and further deepen hardship in the country. We are buying N380 here. There are others who are selling at high prices.”.

Hey there! Exciting news - we've deactivated our website's comment provider to focus on more interactive channels! Join the conversation on our stories through Facebook, Twitter, and other social media pages, and let's chat, share, and connect in the best way possible!

Join or social media

For even more exclusive content!

Of The Week


- Advertisement -

Of The Week

247Ureports Protects its' news articles from plagiarism as an important part of maintaining the integrity of our website.