Estimated Reading Time: <1
Scarcity of petroleum product has hit Cross River State as many filling stations visited have no products. However, few stations that have the products recorded long queue with a litre of petrol goes for over 100% increase.
Online Newspaper, DailyPost, visited some filling stations in Calabar on Saturday and observed that a litre of petrol was sold at N200 and N250.
A customer who gave her name as Ada said, “Before now, a litre of petrol was sold at N145 but it’s now N200-N250 or more per litre while black market sold at N300-N350 a litre.”
The scarcity of the product according to her has already caused untold hardship for residents of the city. “It has taken a more dangerous dimension now, especially at this yuletide period,” he said.
Chief Samuel Okorie said that the increase has affected the economy of the state as prices of food stuff have increase tremendously. The cause of transportation, he said had gone up by 100%. A distance of N50 now goes for N100 or more, “Already, the cost of transportation from one point to another has increase tremendously,” he stated.
Chief Antigha Eyo, resident in Calabar lamented, “The reason for the scarcity has not been known but called on federal government and President Buhari to intervene urgently so that Nigerians would have blissful Christmas”
- Nigerian Govt increase the fine for hate speech from N500,000 to 5 million naira
- “We want a free and fair election” – Governor Wike wants INEC to be apolitical in Edo State
- Breaking: Kwara deputy governor and wife test positive for COVID-19
- Buhari orders Niger Delta Development Commission to pay its scholarship beneficiaries studying abroad
- Hamzat Lawal listed as a Global Malala Fund Education Champion
- Former AGF, Mohammed Adoke pleads not guilty to money laundering charges
- $500 Million loan: China has no plan to take over Nigeria’s sovereignty – Chinese Government
- NIPOST, FIRS in inter-agency tweetfight over Stamp Duties
- We did not spend N13 billion on school feeding programme – Sadiya Umar Farouq
- State commissioner allegedly assaulted in Cross River over sharing of palliatives