Monday 4 May 2015

FUEL PRICES SKY- ROCKET OWING TO SCARCITY OF THE PRODUCT

 



As the fuel scarcity in Nigeria continues, pump price of petrol in various fuel stations have been jacked up by owners of fuel stations. While some are selling at N130 per liter as against the N 97 per litre pump price, others in some states across the country are selling as high as N300 per liter. In black market, the price of fuel is ridiculous. Some of them are selling the scarce product for as high as N8,000 for 25 litres.

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