Economy
Fuel Scarcity: Long Queues As Petrol Sells For N1200 Per Litre In Osun, Oyo
Osun and Oyo State are facing a severe fuel scarcity crisis, resulting in long queues at most petrol stations across the states.
The situation, which has been ongoing for the past week, has intensified, with many stations shutting their gates as the scarcity worsened.
In Oyo state, Ibadan specifically, It was gathered that areas such as Sango, Ijokodo, Apete, Awotan, Bodija, Agodi Gate, Total Garden, Yemetu, and UI-Secretariat Road are among the worst affected.
In Osun state, It was gathered that towns such as Ilesa, Ile Ife, Osogbo, Ede, Iwo are among the worst affected.
The scarcity has led to a dramatic increase in petrol prices, with independent marketers charging between N950 and N1200 per litre, while stations affiliated with major marketers like the Nigerian National Petroleum Company (NNPC) have set prices around N580 per litre.
BOVAS stations have also raised their prices from N650 to N670 per litre.
The sharp rise in prices has left many commuters stranded, struggling to find affordable fuel.
Mr. Adekunle, a civil servant, expressed his frustration, saying, “It is worrisome. Do you know that we are now buying petrol at the rate of N960 to N1200 depending on the area? We are tired of this mess.”
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