Oil and Gas

Fuel subsidy removal: Filling stations in Ilorin reopen with queues

Supreme Desk
30 May 2023 10:07 AM GMT
Fuel subsidy removal: Filling stations in Ilorin reopen with queues
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Earlier in the morning, before the news of the removal went around, the filling stations were selling at different rates, but some closed down while others increased their prices by evening.

Following the announcement of fuel subsidy removal by President Bola Tinubu in his inaugural speech on Monday, fuel queues have returned to filling stations in Ilorin metropolis.

The correspondent who went round the town on Monday evening, reports that most filling stations were closed while those selling were selling above the approved pump price with a long queue of customers.

Earlier in the morning, before the news of the removal went around, the filling stations were selling at different rates, but some closed down while others increased their prices by evening.

Some of the customers who spoke to the correspondent, however, said they envisaged a scarcity of fuel, hence the panic buying.

Mrs. Medinah Jimoh said she would not have the time to go around in search of fuel at an expensive rate when work resumed on Tuesday, so she was ready to join the long queue and buy.

Another customer, Mr. David Owoeye, said the filling stations were out to exploit the customers as they would start selling old stock at a new price that has not even been announced yet.

”That is the reason why I decided to refill my tank today, so that I will not suffer searching for fuel when the filling stations start their artificial scarcity,” he said.

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