Residents of Ibadan sigh as gas marketers raise the pump price to N300

As the shortage of Premium Motor Spirit (PMS), generally known as gasoline, bites harder, automobile owners, drivers, and commercial cab drivers in Ibadan, the capital of Oyo State, have continued to moan.

According to furucinovel, there has been a recent shortage of the good in Ibadan and other towns and cities across the nation.

According to information obtained by our correspondent, the situation grew worse over the weekend as some gas stations that sold the product closed their doors to potential customers and independent merchants raised their pricing to N300.

In contrast, the prior pump price ranged from N195 to N270.

It was noted that a small number of stations affiliated with significant marketers had likewise raised their pump prices from N180 to N190.

Numerous commuters using major routes in Ibadan were left stuck due to the persistent fuel shortage, according to a furucinovel correspondent who drove around several of the city’s busiest roads early on Monday.

Bodija, Sango, Sango-Eleyele Road, and Secretariat Road were a few of the places that were visited.

Additionally, it was noted that most gas stations selling at N190 currently have large lines.

A citizen who went by the name of Mr. Ayanda claimed to have spent a good deal of time on Sunday shopping for the item, which he eventually purchased for N190 at one of the major marketers’ petrol stations.

“On Sunday, I purchased gasoline at the NNPP station’s expedited rate of N190. Because I am unable to travel to the location where the N300 goods are sold, it took me several hours. It is overpriced.

However, Mr. Adekunle, a different resident, said that he purchased the item on Sunday for N300.

“My kid, I can’t afford to buy at the N300 rate again, therefore I’ve chosen to stand in line here. Yesterday, I made a purchase with 300 Naira. I was in excruciating pain.