Fuel Sells At N300 Per Litre In Lagos, Ogun, Others

As fuel scarcity continues to persist across the country, independent marketers in parts of Lagos and Ogun now sell petrol at N300 per litre.

This is despite the federal government’s decision to increase the pump price of premium motor spirit (petrol) by eight per cent to ease oil supply challenges.

Recall that the government had a few days ago, raise the pump price of the product for major marketers from N170 to N185 per litre.

However, checks by OduNews in fuel stations in parts of Lagos and Ogun state reveal that independent oil marketers sell to consumers at N280 and N300 respectively.

Although,the NNPC Retail outlets put their price pumps at N194 in Abuja and N185 in Lagos, filling stations operated by oil majors such as TotalEnergies, Conoil, AA Rano and Mobil, rates have adjusted their prices to N195 per litre, from N180 per litre.

Meanwhile, motorists and commercial cab operators in Ibadan, the Oyo State capital, have continued to groan as the scarcity of petrol bit harder.

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, against the previous pump price of between N195 and N270.

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