Categories: Business

Fuel queues return to Abuja over price hike rumour

Fuel queues have resurfaced in the Federal Capital Territory over speculations of an imminent increase in the pump price of petrol.

This is coming about 24 the Nigerian National Petroleum Corporation had said there would be no increase in the ex-depot price of petrol in May and not until the end of negotiations with organised labour.

But reports say remours about a price hike and scarcity have led to the latest long queues that surfaced on Tuesday at petrol stations in the FCT.

Long queues of motorists waiting to buy fuel were seen at retail outlets in Wuse, Gwarimpa, Wuye and Kubwa expressway on Tuesday while other outlets were not selling the product.

Trends Admin

Recent Posts

Executive Secretary FCDA Hadi Ahmad suspended indefinitely

Executive Secretary FCDA Hadi Ahmad suspended indefinitely   Executive Secretary, Federal Capital Development Authority FCDA,…

1 hour ago

Just in: Rivers, Anambra high court judges suspended for one year

Just in: Rivers, Anambra high court judges suspended for one year   The National Judicial…

2 hours ago

Apomu king turns warmonger for PDP

Apomu king turns warmonger for PDP Tunde Odesola (Published in The PUNCH, on Friday, November…

4 hours ago

Ondo poll: Three gov candidates withdraw for Aiyedatiwa

Ondo poll: Three gov candidates withdraw for Aiyedatiwa Three gubernatorial candidates have withdrawn from Saturday’s election…

5 hours ago

$6bn fraud: Judge scolds Agunloye’s counsel over delay tactics

$6bn fraud: Judge scolds Agunloye’s counsel over delay tactics Justice Jude Onwuegbuzie of the Federal High…

5 hours ago

Emefiele printed new naira notes different from what Buhari approved – Ex-CBN official

Emefiele printed new naira notes different from what Buhari approved – Ex-CBN official The trial of former…

5 hours ago