Rumour Of Fuel Price Hike Unsettles Motorists, Commuters

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Rumour Of Fuel Price Hike Unsettles Motorists, Commuters
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Motorists in Lagos and Ogun states are going through hard times to buy petrol as many stations yesterday shut down operations, heightening speculation of

However, this development has not offered any reprieve as foreign exchange rate has kept increasing and the government has refused to keep upward price adjustment as requested by markers.Consequently, the marketers backed out of the bargain earlier agreed with NMDPRA.

At TotalEnergies filling station along Mobolaji Bank Anthony way, Ikeja, a long queue emerged during midday extending traffic close to Maryland.As of yesterday, the situation had gone out of control in many parts of Lagos. The president of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Chinedu Okoronkwo, also maintained that members of his group were still receiving products from NNPCL Retail Company.

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