Connect with us

News

Hike in fuel pump price scary, commuters, traders lament

Published

on

***Says, it will hike food prices, increase hardship

By Francesca Hangeior.

Some traders and commuters in the Federal Capital Territory (FCT) have frowned at the increase in the pump price of Premium Motor Spirit (PMS) by the NNPC Ltd.

The NNPC Ltd. Retail Management approved the upward review of PMS pump price from N617 per litre to N897 per litre effective from Sept. 3.

Advertisement

The commuters and traders while lamenting over the development noted that it would increase food prices which was gradually crashing and also the sufferings of the masses.

Mr Ignatius Ugwu, a civil servant, said the fuel pump price increase would further reduce the purchasing power of workers.

He said the increase would hike transportation fares which would make it difficult for workers to resume work promptly and be productive.

Ugwu appealed to the Federal Government to pay workers’ minimum wage and introduce other palliatives that would help cushion the effect of the increase on the masses.

Advertisement

”This information is very scary for a country like ours where people are struggling to eat even one good meal a day.

”This increase will make transport fare and other prices of goods and services to go up.

”The government should have been magnanimous enough to put some things in place before this increase.

”They should have paid minimum wage and other arrears, they should have brought out buses to help the masses because whether we like it or not, prices of things will go up, ” he said.

Advertisement

Mrs Antonia Ogbede, a housewife, said the increase would automatically hike food prices which was gradually coming down.

Ogbede said that traders would take the advantage of the fuel increase to also increase the prices of their goods.

She said the spending burden would increase on her spouse who was the sole breadwinner of the family.

”I went to the market today and I saw some traders discussing about the fuel increase.

Advertisement

”I heard one of them making call for some goods to be delivered to him by the company he buys from and they told him that the price will increase by the end of the week.

”The trader ordered 100 cartons and he said he will sell them at increased price.

”The government should please help us before our breadwinners will develop sicknesses as a result of too much spending,” she said.

Mrs Evelyn Otapu appealed to the Federal Government to consider its citizens first before some policies formulation.

Advertisement

However, Mr Andy Kolapo, a driver, said that the increase would make the fuel queues to disappear.

”We heard that they (NNPCL) has been planning to increase the price of fuel to N1,000 per litre and this they have achieved.

”We hope that this will bring to an end the recurring queues in fuel stations,” he said.

The independent marketers were selling between N1,000 and N1,200 per litre.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

PHOTOS Of Prisoners Who Escaped Borno Prison And Those Recaptured

Published

on

By Mario Deepromoter

Nigerian Correctional Service on Sunday disclosed that about 281 inmates escaped from Maiduguri Medium Security Custodial Centre following severe flooding in the capital city.

NCoS spokesperson, Umar Abubakar, said the agency had alerted the Nigerian Immigration Service, and Nigeria Police Force among other security agencies to help recapture the fleeing inmates.

“Every security agency in the country has been notified and they are on alert to help track down the fleeing inmates wherever they may be. With their help, we will capture them and return them to our custodial centre,” Umar said.

Advertisement

In a statement on Sunday, he said of the 281 fleeing inmates, seven had already been recaptured and returned to the facility.

“The Nigerian Correctional Service has observed the flooding currently being experienced in Maiduguri, Borno State, and its environment.

The unfortunate incident has left scars, bringing down the walls of the correctional facilities, including the Medium Security Custodial Centre in Maiduguri as well as the staff quarters in the city.

“Upon the evacuation of inmates by officers of the service, with support from sister security agencies to a safe and secure facility, 281 inmates were observed to be missing.

Advertisement

Presently, a total of seven inmates have been recaptured and returned to custody, while efforts are on the ground to track down the rest and bring them back to safe custody,” the statement read in part.

Abubakar further stated that details of the fleeing inmates had been made available to the public while noting that efforts were underway to track them.

“However, it is important to note that the service is in the custody of their details, including their biometrics, which are being made available to the public. The service is working in synergy with other security agencies as both covert and overt deployments have been activated to locate them. While this effort is ongoing, the public is assured that the incident does not impede or affect public safety,” the statement added.

Recall that the flood affected many parts of Maiduguri, leading to the displacement of over 300,000 residents and the deaths of over 30 people, including children.

Advertisement

Meanwhile, Borno State Governor, Babagana Zulum, on Saturday said he was “seriously worried” that jailed Boko Haram terrorists might have escaped from the prison facility.

See Pictures Below;

Prisoners

Continue Reading

News

SEE new price of petrol across all 36 states

Published

on

By Mario Deepromoter

Despite the counter accusations by both Dangote Refinery and NNPCL over prices, the price list of petrol has emerged online.

According to reports, this is because NNPCL bought petrol at a higher price from Dangote Refinery on Sunday.

NNPCL also mentioned that Dangote Refinery sold the petrol in US Dollars, not naira, against the federal government’s directive.

Advertisement

However, Dangote Refinery will sell its petrol in naira starting in October.

According to a breakdown from NNPCL, Dangote Refinery sold petrol to NNPCL at N898.78 per litre.

NNPCL paid Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fee of N8.99, inspection fee of N0.97, a distribution cost in Lagos of N15, margin N26.48.

NNPCL’s statement added that the estimated pump price in:
Lagos will be N950.22
Sokoto State N999.22
Kano State N999.22
Borno State N1,019.22
Kaduna N999.22
FCT N992.22
Oyo State N960.22
Lagos State N950.22
Rivers State N980.00
Imo State N980.22

Advertisement

An analysis of the chart showed that except from Lagos State, other states of the federation will be paying higher because of distribution costs.

The distance from Dangote Refinery and NNPCL‘s depot in Lagos State to other states of the country majorly would determine the price differences.

The report also showed that the six geo-political zones would be paying differently.

The North East states would be paying the highest per liter from N1,019.22, followed by North West states from N999.22, followed by North Central states from N992.22, followed by South East states from N980.22, South South states from N980.22 and South West states paying the least from N960.22, except Lagos State paying from N950.22.

Advertisement

At the time of filing this report, the presidency is yet to speak on the latest development.

Continue Reading

News

Rivers 2027: Ogoni powerful men snub Fubara, throw weight behind Wike

Published

on

By Mario Deepromoter

Political heavyweights from the Ogoni and Oyigbo zones have formally withdrawn their support for Rivers Governor Siminalayi Fubara ahead of the 2027 general elections.

The leaders have dumped Fubara and lace their boots with the action packed Minister of the Federal Capital Territory (FCT), Nyesom Wike.

The leaders gathered on Saturday in Nonwa, Tai Local Government Area, at an event tagged “Ogoni, Oyigbo People’s Assembly.”

Advertisement

The assembly, which focused on fostering unity between the two ethnic zones, was heavily attended by politicians loyal to Wike, who remains locked in a bitter political feud with Fubara, his estranged protégé.

Prominent personalities, including Senators Barinada Mpigi and Magnus Abe, Ambassador Desmond Akawor, and Chief Victor Giadom, attended the meeting.

The group emphasized that after years of marginalization, it was time for Ogoni and Oyigbo to produce the next governor of Rivers State.

Speaking on behalf of the assembly, Senator Mpigi declared, “The Ogoni and Oyigbo Peoples Assembly, a multi-political convergence of five Local Government Areas within the Rivers South-East Senatorial District, met today to reaffirm their support for the President Bola Tinubu-led administration and pledged total loyalty to the former Governor of Rivers State and current Minister of FCT, Chief Nyesom Wike.

Advertisement

“We also reiterate the obvious fact that the senatorial district’s upland is due for a governor and should produce the next governor of Rivers State come 2027.”

Tensions between Wike and Governor Fubara have been mounting, with Wike publicly withdrawing his support for his former ally.

Wike, who was instrumental in Fubara’s rise to power, has accused the governor of straying from their shared vision for the state.

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News