Motorists woke up in Ibadan to discover fuel stations that did not open yesterday attended to them but with different pump prices ranging between N670 and N 690 per liter
It was bedlam yesterday in the city as most of the filling stations did not open and the few ones that did sold for N600 per litter.
The oil marketers that spoke with newspot said increase in pump prices was a reaction to the daily fall of the Naira. They said as at Wednesday 2 October 2023 , one Naira at the black market was between $ 1 to N 1, 200 and N1, 250.
” We cannot stabilize the fuel price as long as the Naira keeps falling. The government is not sincere about the float in foreign exchange. They keep deceiving themselves by moving money around chasing fewer goods. Not only that the flamboyant living of few untouchables is making the poor to cry.”
Taiwo Adesanya a carpenter bemoaned: ” The suffering is because unbearable. It is difficult to feed not to talk about my wife and four children. Even to buy garri now has become difficult as one Kongo that sells for N400 now sells between N 600 and N 650. Rice now sells for N2, 200 from N 700.
” Transportation jumped up this morning. The increase is between 100 percent to 200 percent. Government should do something before it gets worse.
— More to come
