Petrol Sells For N700 Per Litre In Anambra

There was massive anger in Anambra State on Tuesday as commuters and motorists were hit by the sudden hike in the pump price of Premium Motor Spirit otherwise known as petrol from N530 to N700.

This is just as motorists and other users of the product besieged various petrol stations and were buying the product in larger quantities in anticipation that the price might shut up to N800 from Wednesday.

Our correspondent gathered that the petrol stations in the major cities of Onitsha, Nnewi and Awka sold the product at N530 per litre as of Tuesday morning before news of the current increase in pump price filtered into town.

The anxiety began earlier on in the afternoon when independent oil marketers operating in the state suddenly shut their filling stations and refused to sell for some hours when the news of the increment had filtered in.

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The marketers were said to have resumed operations later in the evening after their emergency meeting in Awka and quickly adjusted their pump prices to reflect the new price regime.

As a result of the development, transportation fares suddenly soared above 30 per cent as commuters paid N300 for a journey that they paid N200 in the morning.

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Commuters who were taken by surprise became stranded as those who could not afford the new price template were seen trekking to their various destinations in anger.

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Photo Credit: Getty