Ibadan residents groan as petrol marketers adjust pump price to N300

Car owners, motorists and commercial cab operators in Ibadan, the Oyo State capital, have continued to groan as the scarcity of Premium Motor Spirit (PMS), also known as petrol, bites harder.

DAILY POST reports that Ibadan and other towns and cities across the country have been experiencing a shortage of the commodity for the past few weeks.

Our correspondent gathered that the situation worsened at the weekend when some of the petrol stations selling the product shut their gates against prospective buyers, with independent marketers adjusting their prices to N300.

This is against the previous pump price of between N195 and N270.

It was observed that some of the few stations that belonged to major marketers have also adjusted their pump price to N190 against the previous pump price of N180.

DAILY POST correspondent who went around some major roads in Ibadan in the early hours of Monday observed that scores of commuters plying major roads were stranded due to the ongoing fuel scarcity.

Some of the areas visited included Bodija, Sango, Sango-Eleyele Road and Secretariat Road.

It was also observed that long queues are currently experienced in most petrol stations selling at N190.

Source: dailypost.com


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