Home NEWS Ibadan Residents Bemoan Hike In Petrol Price

Ibadan Residents Bemoan Hike In Petrol Price

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Residents of Ibadan have frowned at the irregular price of premium motor spirit, PMS, known as petrol by most filling stations in the metropolis.

According to Radio Nigeria, majority of filling stations lock their gates to customers while few filling stations belonging to independent marketers are selling the product between N230 and N250 per litre and some major marketers selling at N180 witnessed a long queue without the hope of getting the product.

Residents who spoke with Radio Nigeria expressed their feelings of anger, saying it was an artificial scarcity created by marketers.

The motorists noted that the current economic situation confronting the citizens was hard to bear coupled with fuel scarcity.

They maintained that the situation called for urgent attention of the federal government before it escalates.

In a reaction, one of the major marketers, Mr John Steven, explained that the situation was terrible for him to manage, calling for a lasting solution to end the incessant fuel scarcity.

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