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  • News - North Central
  • Updated: February 16, 2022

Abuja Residents Lament As Fuel Price Soars To N1,000 Per Liter

 Abuja Residents Lament As Fuel Price Soars To N1,000 Per Li

Residents in Abuja are lamenting the scarcity of petrol in the region as those involved in the black market are reportedly selling a liter of fuel at N1,000.

According to Daily Post, recent checks have revealed that black market sales have boomed due to the unavailability of fuel as motorists now patronise the only alternative of obtaining the product.

Per the report, black marketers in the Kurudu area of Abuja now sell fuel at N1,000 per liter, while 10 liters now goes for N4,500 in the Gwarimpa area.

A motorist who spoke to the news outlet said, "I bought two liters of fuel for two thousand naira from the black market because no filling station is selling around my area.

"From Kurudu to town is now 1200, Keke to Nyanya is 500. 10 liters of fuel in the black market now sells for N4,500 in the Gwarimpa area."

A large number of commuters are stranded as a result of a drastic reduction of commercial vehicles plying the routes in the FCT.

Motorists and passengers now trek long distances because of fewer vehicles on the roads.

Commenting on the development, Abuja-based lawyer and PDP member, Anthony Ehilebo, stated that President Buhari should be held responsible for the situation in Abuja and other parts of the country.

"We should hold Mr. President responsible; he is the Minister of Petroleum. If he decided to take responsibility for a particular ministry and something goes wrong, then he would be held responsible.

"The person who imported that fuel should pay for the cleaning of the fuel. Now, we have a company that is the sole company that imports petroleum products into Nigeria- Duke Oil and it has the Managing Director of NNPC as the Chairman of the Board.

"Duke Oil is not listed in any CAC registration in Nigeria, how can you be the sole importer of fuel in Nigeria and you are not registered in the country? This same Duke oil declared N500 million profit and was audited by a firm that is not known.

"The president is solely responsible. Can you imagine? After importing petrol that is contaminated, you still want to take two hundred and one billion naira from the public purse to clean that petrol?

"The only place you can find Duke Oil is if you search as far as UAE or the UK; something fishy is going on and it shows that our President has no control over the affairs of this country and it’s very unfortunate", he said.

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