Subsidy Removal: Marketers Hoard Petrol In Warri, Ughelli

Post created on 3:11 pm

Hours after the declaration by President Bola Ahmed to end petroleum subsidies, oil marketers in Warri and environ had immediately commenced price hikes and hoarding of products.

The marketers in haste adjusted the pump prices ranging between N210 to N220 to between N300 in the morning and over N450 at the time of reporting.

From Warri, Effurun, Ughelli and Udu areas, the change was spontaneous, making transporters and commuters wonder if there was a hideous agenda.

Reports revealed that Benjones Station at Oteri was selling at N450 from N300 in the morning, while Eyebira Petrol at Oteri sold at N450, Moonrise Petrol at Oteri sold at N450, Ogbaruemu at Edjophe was selling at N350 from its initial N300 in the morning.

Rainoil Petrol at Agbarho junction sold for N250 in the morning just as Rainoil Petrol at 5 junctions was selling at N450, Ganico Petrol at Jeremi junction sold for N450 while Sagwe Petrol at Otor Udu was under lock and key, Imoni Petrol was under lock and key, Triple Star sold at N450.

Logid Petrol Egini sold for N450, Spiro Bridge also sold at N450, just as Arijoe Petrol, Neopees petrol, Delv Petrol and Dagbeyiwa near Ovwian Police station were under lock and key.

A keke rider Mr Moses Kpeku, lamented over the present situation, “Nigeria can not get better, just imagine, the President only made an announcement, the marketers have adjusted prices and making life Hellish.

“The rich will only become richer as the common man is always at the receiving end, which type of wickedness is this?” He queried.

However one of the marketers said, “We adjusted the pump prices up because with this announcement of the removal of subsidy, if we go and buy the prices will be up, so we are trying to raise money for that.”