Fuel Scarcity Worsens As Litre of Petrol Goes For N250 In Edo

Cat:

Related stories

Tinubu Mourns, Pays Tribute to Legendary Super Eagles Goalkeeper Peter Rufai

By Abiola Olawale President Bola Ahmed Tinubu has expressed profound...

Natasha vs Akpabio: Court Orders Senate President To Recall Senator Natasha

Warns Natasha Against inappropriate Conduct By Abiola Olawale The Federal...

Hadi Sirika Denies Defection to ADC Coalition Rumors, Reaffirms Loyalty to Buhari, APC

By Abiola Olawale Former Minister of Aviation, Hadi Sirika, has...

China Snubs U.S. Crude for Third Month, Even as Ethane Trade Restarts

China has avoided buying U.S. crude oil for three...

Super Eagles Icon Peter Rufai Passes Away at 61

By Abiola Olawale The Nigerian football community has been thrown...

In a move which echoes the bad old days of fuel scarcity, the price of a litre of petrol has skyrocketed to N250 in Benin City, Edo State capital, taking a heavy toll on transportation and socio-economic activities.

Most of the retail outlets on the main streets of Akpakpava street, Airport Road, Agbor Road and Mission Road, Auchi Road, New Lagos Road amongst others were empty as their gates were
firmly locked with “No Fuel” sign conspicuously displayed at the
corners.

However, there was fuel at the Nigerian National Petroleum Corporation (NNPC) mega station along Sapele Road where the pump price goes for the officially approved rate of N160 per litre.

Almost all the major retail outlets in Benin lacked the precious liquid while some of the independent marketers who had sold for between N220 and N250 per litre.

An independent marketer on Airport Road, Voe Petrol sold a litre of the scarce commodity strictly in Jerry cans for N200, resulting in a long line of jerry cans by buyers who waited patiently in the hot sun.

At great risk, some motorists stood on the line at the NNPC Mega Station which stretched almost a kilometre, waiting for hours to buy fuel at the retail outlet, resulting in a traffic hold up on the road as a result of the bedlam.

A motorist who simply gave his name as Osaze lamented: “I went to many retail outlets here in Benin in a desperate effort to buy petrol.
Almost everywhere I went, the price was between N200 and N250 a litre. Left with no choice, I decided to go to Mega Station where I waited for over four hours before I managed to buy.”

The renewed scarcity has since affected transport fares within Benin metropolis as commercial tri-cyclists popularly called Keke and taxis have increased their fares.

The transport fare in either a taxi or tri-cyclist from downtown Ring Road to Ugbowo which before now was N100 has since doubled to N200 while a commuter will have to cough out N250 for a trip from Oba Market to Ekenwan Barracks instead of the erstwhile fare of N200.

Also, the one and a half hours journey from the Edo State capital to the northern Edo town of Auchi which was formally N2,000 is now N2,500.

Luther Emesomi
Luther Emesomi
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
Tinubu Mourns, Pays Tribute to Legendary Super Eagles Goalkeeper Peter RufaiNatasha vs Akpabio: Court Orders Senate President To Recall Senator NatashaHadi Sirika Denies Defection to ADC Coalition Rumors, Reaffirms Loyalty to Buhari, APCChina Snubs U.S. Crude for Third Month, Even as Ethane Trade RestartsSuper Eagles Icon Peter Rufai Passes Away at 61Dakuku Peterside’s Beneath the Surface Book Out in OctoberOil Prices Dip on Confirmation of Inventory BuildBuhari In Stable Condition - Ex-Aide ConfirmsBREAKING: Ex-President Buhari sick, hospitalised abroad2027: Abure, Usman Clash Over Peter Obi’s Rising Profile in ADC CoalitionMTN’s Dabengwa Tier III Cloud Data Centre: A New Era for West African Tech and AIGanduje: Why are they resigning?OPEC Reports a Global Oil Production Decline in 2024IMF Warns FG to Overhaul 2025 Budget to Prevent Economic Meltdown2027: Peter Obi Vows, Says ADC Coalition 'll prioritize Nigerians’ Welfare
X whatsapp