Business
Motorists, residents groan as petrol sells for N630, N635

Motorists and residents in Warri, Effurun, Udu and environs are groaning over the hike in Petroleum Motor Spirit (PMS).
The product which sold between N612 and N620 per litre as of Friday and early Saturday was increased to N630 and N635 across fuel stations.
Along Deco Road in Warri South Local Government Area (LGA), a filling station sold for N635 per litre.
The case was the same at the popular Enerhen Junction, in Uvwie LGA.
Two fuel stations visited at Orhuwhorun in Udu council area sold the product at N630 per litre.
Consumers seen at the filling stations expressed worry that the price might escalate to N650 in the new week and N1,000 by December.
They also projected an artificial scarcity of the product, positing it would eventually lead to the increase in pump price.
However, they called on the Federal Government to intervene swiftly, bemoaning the untold hardship on the masses.
“Government should act fast and save the common man from dying. When the fuel goes up like this, it affects everything. The way it’s going by December this fuel would increase to N1,000,” a motorist, Ben Ajeh, said.
Speaking in the same vein, a resident of Warri, simply identified as Jimmy, said “we don’t know what is going on in this country anymore. Why have these people increased the petrol price? By next week, if nothing is done Nigerians should be ready to buy it for N650. It’s so disheartening.”












