The case of long queues of commercial buses, private cars, motorcycles and tricycles which inturn result to slow movement have returned to major part of Ibadan, Oyo State capital has petrol station hikes fuel price to 1200 naira per litre.
This development is due to the scarcity of petroleum, also known as Premium Motor Spirit (PMS), that the ancient city is currently experiencing. Dailypost has reported. It was also observed that the people of Ibadan have been experiencing a scarcity of petroleum since last week.
Visitation to some of the major areas in Ibadan, revealed that the situation worsened on Monday when the majority of petroleum stations shut their gates.
Some of the areas visited include Sango, Ijokodo, Apete, Awotan and Bodija of the Ido and Ibadan North local government of the city. Others are Agodi Gate, Total Garden, Yemetu and UI-Secretariat Road.
It was further observed that only a few petroleum stations selling the product in these areas have increased their pump prices.
It was gathered that depending on the location, all petroleum stations belonging to independent marketers are selling between N950 and N1200.
However, it was observed that petroleum stations belonging to major marketers, such as the Nigerian National Petroleum Company, are selling at the rate of N580.
It was also observed that petroleum stations belonging to BOVAS have increased their pump prices from N650 to N670.
It was further gathered that some commuters were stranded as a result of the petroleum scarcity on Monday morning.
A civil servant who identified himself as Mr Adekunle in a chat with Dailypost described the situation as worrisome.
“It is worrisome. Do you know that we are now buying petroleum at the rate of N960 to N1200 depending on the area? We are tired of this mess,” he said.