Pump Price Of Petrol Quietly Returning To N100 Per Litre, As Talks Of Possible Fuel Scarcity Kick Off

….increasing filling stations claim fuel is not available

Information filtering in to socieynowng.com revealed Petrol stations are quietly returning the pump price of Petrol to N100 per litre.

The Federal government recently slashed the pump price to N86 for NNPC affiliate petrol stations and N86.50 per litre for Independent stations.

But findings by societynowng.com revealed many independent petrol stations have quickly returned the price to between N98 and N100 per litre, particularly in Ogun and Lagos states.
Many motorists are forced to buy because of increasing numbers of filling stations claiming now availability of products and locking up their place of operations.
A travelling societynowng.com reporter confirmed he bought it for N100 in Ota, Area of Ogun state on his way from Abeokuta to Lagos.
According to the travelling media man ‘’this was after witnessing a couple of closed filling stations’’
The source confirmed he bought the N100 pump price petrol on Saturday February 20 2016.

Digs by societynowng.com revealed the increase in the hiked price is against the background of talks of possible fuel scarcity.

‘’i don’t know why…but the operators are talking of a looming fuel scarcity’’ a source informed societynowng.com
Additional digs by societynwng.com revealed the increase in numbers of closed filing stations became noticeable last week – and the increase pump price as well.

Societynowng.com confirmed numbers of closed petrol stations forcing motorists to patronise the available became apparent in the tail end of last week in Lagos.

Societynowng.com could not confirm a clear not clear cut reason for this development.
But the comment of a source serves as a window into street talks here and there ‘’it’s the ballooning cost of the dollar against the naira…that is what is skyrocketing everything now’’