Fuel Sells At N285 In Abuja

Queues at filling stations in Abuja that resurfaced as result of the flooding of Lokoja-Abuja road, has refused to thin out, despite the flood receding.

An investigation by Punch Newspaper, reveals that, many fuel stations within the Abuja metropolis of the Federal Capital Territory have adjusted pump prices to between N180 and N285 per litre.

At the outskirts of Karu, NNPC filling station in the area had adjusted its meter to sell at N179 per litre.

The same was noticed at Shema filling station at Kugbo, along the Abuja-Keffi expressway.

Also, the NNPC filling station at Wuse Zone 6, and NIPCO filling station close to the Capital Hub sold the product at N180 per litre.

The highest increase in the pump price was observed at Khalif Civic Oil and Investment Limited, within the Kubwa axis of the FCT, where petrol was sold at N285 per litre.

Defending the hike in prices, a petrol station manager, Saleh Alfa, said since there was no current fixed price owing to the landing prices of fuel, it meant all stations in the FCT were currently selling at black market prices.

“If other stations are selling at N250, N180, or N285, it implies that all are selling at black market rates if you want to put it that way. Because for now, there is no uniform price in the downstream oil sector.

The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, had said the company could no longer sell at N170 per litre, owing to the increase in landing prices.

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