BREAKING: Fuel prices in Abuja have risen to N617 per litre

According to DAILY POST, the cost of petrol has climbed to around N617 per litre.

NNPC filling stations along the Kubwa motorway and Utako in Abuja were visited by DAILY POST, who found that the price has been changed from N539 to N617 per litre.

Elder Chinedu Okoronkwo, National President of the Independent Petroleum Association of Nigeria (IPMAN), verified the event in an interview with DAILY POST on Tuesday.

He asserts that market forces will continue to cause fuel prices to change.

“With the removal of fuel subsidies, that is the system we are in. Based on market forces and changes in the dollar on the foreign currency market, prices will continue to change. We are promoting a fuel alternative because of this, he said.

The development occurs while national fuel pump prices are allegedly being reviewed increased.

Recall that the price of the product had soared from N190 per litre to over N500 per litre after the government of President Bola Ahmed Tinubu removed the gasoline subsidy in June.

Some drivers told DAILY POST that the present administration’s policies are becoming increasingly harsh on the populace.

One Uchenna Matthew said that the current government is driving Nigerians to hell in a Tuesday interview with DAILY POST.

“The reason for the entire commotion is that Mobil has not raised their price. I have no idea what type of suffering these folks are causing us. They claimed that while we are purchasing here at 540, NNPC has modified their price and is ready to do so again.

“We still have the option to purchase at 540; the price will skyrocket at any second. This administration is taking us down a dark path. Even the wildlife in the forest is sensing it. The sooner this government is removed and replaced with the one that won the election, the better for us, he remarked.

Mohammed Sani, a cab driver, added that the increase is hurting Nigerians.

“NNPC’s board has 617 written on it. They’ll probably raise their price here at Mobil. The people are suffering; the situation is dire. The situation is quite difficult, and it is difficult for a poor man to go outside without thinking about food, he complained.