FUEL SCARCITY:PRICES HIT THE ROOF..SALES FOR N110 IN AKURE,N120 IN OTHER CITIES



The prevailing fuel scarcity across the country is taking its toll on the prices of the commodity across the country.In Akure,CKN News confirmed that a litre of fuel is being sold for N110 at most of the filling stations visited.
Also in Ibadan, the Oyo State capital, it is now selling at N120 per litre.

With most filling stations still closing their gates to motorists for the fifth day, the few that sold the product yesterday witnessed long queues of motorists, who struggled to buy the product.

In most areas, the scarcity forced the price of the product to between N110 and N120 per litre. Yet, hapless motorists queued up to buy.

The few stations selling the product at the high price were independent marketers.

An independent marketer, who craved anonymity, said the scarcity was a mark of the lingering problem in the oil sector.

In Uyo,Kano,Kano and Badagry,the prices ranges between N110 –N130.The NNPC has not come out to give any cogent reason for the current scarcity.

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Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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