Petrol Price Increases To N617 Per Litre In Abuja; Nation Wide Concern

Nigerians in Abuja are quite confused with the increase in fuel price to about N617 per litre.

Would this affect the price of commodities, goods and food items, many wondered.

Filling stations along the Kubwa expressway and Utako in Abuja have adjusted their fuel price from N539 to N617 per litre.

News ABout Nigeria reports that the National President of the Independent Petroleum Association of Nigeria (IPMAN), Elder Chinedu Okoronkwo, confirmed the development in an interview.

In his words, the fuel prices will continue fluctuating depending on market forces.

“That is the regime we are in with removing fuel subsidies. The prices will continue to fluctuate based on market forces and the changes in Dollar in the foreign exchange market. That is why we are pushing for an alternative to fuel”, he stated.

This report comes amid the speculation of an upward jump in fuel prices across the nation.

Ever since the country’s president, Bola Ahmed Tinubu removed the fuel subsidy in June, the price of the petrol had increased from N190/per litre to over N500/per litre.

According to some netizens, especially the motorist, they testified that the policies of the Tinubu government are becoming very harsh on the citizens.

”The whole rush here is because Mobil has not increased their price. I don’t know the kind of hardship these people are putting us through. They said NNPC has adjusted their price, we are buying here at 540, but they are about to adjust their price.

“We still have the grace to buy at 540; any moment from now it will be increased. This current administration is leading us to hell. Even the animals in the bush are feeling it. The earlier they discharged this government and install the original government that won the election, the better for us,” One Uchenna Matthew stated.

Also, a taxi driver, Mohammed Sani, said that Nigerians are suffering due to the increment.

”At NNPC, it is written 617 on their board. They are likely going to increase their price here at Mobil. The situation is very bad; the masses are suffering. The situation is very hard, it is not easy for a poor man to go out not to talk about eating food,” he lamented.