News

Petrol Now N400 Per Litre in FCT

Not surprising, petrol now sells for four hundred naira (N400) per litre in the Federal Capital Territory, FCT, Abuja.

However, close by states like Nasarawa and Niger, respectively, are suffering similar fates as the commodity is scarce and difficult to access.

Most car owners in the aforementioned states and Abuja have since been stuck in queues attempting to purchase fuel to go about their daily transactions.

Although those selling for N400/litre are black marketers who are also complaining of how difficult it is to gain access to the quantities they have at hand.

It was learnt that the recent hike in the price of Premium Motor Spirit, PMS is coming almost a week after the import of millions of dirty PMS from Europe into Nigeria disrupted the fuel supply system of the country, leading to long queues nationwide.

As a result of the action that led to the import of adulterated fuel, the Nigerian National Petroleum Company, NNPC Limited, ordered the recall of the contaminated fuel but oil marketers have been battling various challenges, ranging from PMS supply shortage to complaints by consumers who claimed the bad product has damaged their vehicles.

Also, a significant percentage of filling stations in Nigeria’s capital city do not currently have petrol to sell.

Back to top button