Thursday , November 21 2024
Petrol

Petrol price hike, sold for N950 per liter in Kano

Petrol marketers in Kano State have jerked up their prices as a litre is being sold at between N900 and N950 per liter.

Following the increase, commercial tricycle operators within the metropolitan local government areas have also increased their fares by about 100 per cent.

This is coming just a few days after the #EndBadGovernanceInNigeria# nationwide protest.

It was observed that most of the filling stations in Kano city have also remained shut while the few that were selling the commodity were besieged by a long queue of vehicles.

The few filling stations that were operating, had already jerked up their prices from between N780 per litre and N850 per litre before the anti-hunger protest, to between N900 per litre and N950 per litre.

Black marketers who returned to business recently are also having a field day.

Investigation showed that a litre of fuel at the black market sells for between N1,100 and N1,200 depending on the location where the black marketers are operating.

A cross-section of motorists who spoke to our reporter, expressed concern over the price hike.

Efforts to contact the state Chairman of the Independent Petroleum Marketers Association of Nigeria, Alhaji Gana Girge, failed as his calls did not connect.

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