• Latest
  • Trending
  • All
Fuel Scarcity: Queues Resurface In Ibadan

Fuel Scarcity: Queues Resurface In Ibadan

June 16, 2022
Why Judiciary Workers Don’t Get Salary On 25 – Makinde

Makinde Inaugurates Special Task Force For Accreditation Of Medical Programmes In LAUTECH

February 2, 2023
Ibarapa Central/ North APC Names Campaign Council As Olaoniye Emerges Director General

Makinde Has Corruption, Perjury, Crime Against Humanity Cases To Answer After May 29 –  Oyo APC

February 2, 2023
N24billion Fraud: Appeal Court Okays Ex-AGF’s Trial After Refunding N6.4billion 

N24billion Fraud: Appeal Court Okays Ex-AGF’s Trial After Refunding N6.4billion 

February 2, 2023
OYSCATECH Council Chairman Becomes Mogaji As Rector, Associates Felicitate Him 

OYSCATECH Council Chairman Becomes Mogaji As Rector, Associates Felicitate Him 

February 1, 2023
Oyo Will Deliver At Least Two Million Votes For Tinubu/Shettima – Folarin

Oyo Will Deliver At Least Two Million Votes For Tinubu/Shettima – Folarin

February 1, 2023
Igangan Killings: We Owe The People Governance, Not Violence – Kola-Daisi

Igangan Killings: We Owe The People Governance, Not Violence – Kola-Daisi

February 1, 2023

Igangan Attack Orchestrated By Opposition Elements – Makinde’s Campaign Committee Gives Account

February 1, 2023
2023 World Hijab Day: Oyo FOMWAN Calls For Ban On Body Revealing Clothes

2023 World Hijab Day: Oyo FOMWAN Calls For Ban On Body Revealing Clothes

February 1, 2023
Oyo APC Senatorial Candidate, Yunus Akintunde, Urges Nigerians To Be Enterprising

Oyo Central APC Candidate, Yunus Akintunde, Moves To Tar 1km Oluyole Community Road

February 1, 2023
Moovet Animal Care Opens In Ibadan, Promises To Offer Quality Services

Moovet Animal Care Opens In Ibadan, Promises To Offer Quality Services

February 1, 2023
Ibarapa Central/ North APC Names Campaign Council As Olaoniye Emerges Director General

Oyo APC Kicks Over Alleged Killings At Igangan By Suspected PDP Thugs

February 1, 2023
Reps’ Member, Jagaban, Illuminates Ibadan North Communities, Provides 4 Transformers

Reps’ Member, Jagaban, Illuminates Ibadan North Communities, Provides 4 Transformers

January 31, 2023
">
  • Home
  • General News
  • Political News
  • Oyo Campus Gist
  • Special Reports
    • Interview
  • Jobs
  • To Advertise
  • Support Us Today
    • Submit A Story
Friday, February 3, 2023
  • Login
InsideOyo.com
  • Home
  • General News
  • Political News
  • Oyo Campus Gist
  • Special Reports
    • Interview
  • Jobs
  • To Advertise
  • Support Us Today
    • Submit A Story
No Result
View All Result
InsideOyo.com
No Result
View All Result
">

Fuel Scarcity: Queues Resurface In Ibadan

by InsideOyo
June 16, 2022
in General News
0
Fuel Scarcity: Queues Resurface In Ibadan
">

Long queues for petrol have resurfaced in Ibadan, the Oyo state capital causing anxiety and hardship for residents trying to get the product.

Private cars, commercial vehicles and others were seen joining long queues in all the petroleum stations visited.

RelatedPosts

N24billion Fraud: Appeal Court Okays Ex-AGF’s Trial After Refunding N6.4billion 

2023 World Hijab Day: Oyo FOMWAN Calls For Ban On Body Revealing Clothes

Moovet Animal Care Opens In Ibadan, Promises To Offer Quality Services

Some of the areas in Ibadan included Bodija, Mokola, Sabo, Agodi Gate, Secretariat Road and Total Garden.

Others are Sango, Dugbe, Iyaganku and Queen Elizabeth Road, Apete, Awotan, Ijokodo, Polytechnic Road and Adamasingba.

Most filling stations within the metropolis that dispensed petrol on Wednesday and in the early hours of Thursday were greeted with long queues.

Most filling stations closed early on Wednesday, while others were shut as they claimed not to have products to dispense. The development led to the crowding of the filling stations that dispensed the commodity.

It is not yet clear why petrol queues are back in within the city.

But the South West zone of the Independent Petroleum Marketers Association of Nigeria (IPMAN), had on Wednesday evening threatened to direct its members to increase petrol pump price to N180 per litre.

IPMAN zonal chairman, Alhaji Dele Tajudeen, said members of the association in the South West had been unable to buy petroleum products from any of the government depots, adding that they had resorted to getting supplies from private depot owners, who had capitalised on the situation to exploit them.

Tajudeen, who lamented that all the depots in the zone had refused to load trucks belonging to its members since January 2022, said that the private depot owners’ loading price is between N157 and N158, which is above the price that government depots would sell to the petroleum marketers.

“So, by the time we add the cost of transportation to the purchasing amount, we will be arriving at a sum above N165, which is the government-approved pump dispensing price.

“But sad enough, the regulatory agency appeared incapacitated to control and compel these private depot owners to sell at the government’s approved price for us.

“As of today, the purchasing price of diesel has increased by 400%. Again, I want members of the general public to know that cost of transporting the product ranges between N6 to N8 and N10 depending on where the products are being transported to from the Lagos private depot where we make purchases.

“I wish to equally intimate you that making purchases from these private depot owners is not the ultimate end, we also have some overhead costs to bear like running an electricity generator to power our filling stations; paying the staff salaries, as well as servicing the bank loans among other costs.

“So, by the time we have to add the cost of transportation with the purchasing amount, this situation clearly implied that we as independent marketers will be left with no other option than to dispense the products for nothing lesser than N175 to N180 for customers in the Lagos to Ibadan axis, while those within the Ogbomoso and Ilorin axis may have to buy at a dispensing pump price of N200 per litre,” Tajudeen said

Share this:

  • Facebook
  • WhatsApp
  • More
  • Twitter
  • LinkedIn
  • Telegram
  • Email

Like this:

Like Loading...
Tags: oyo state news
Previous Post

Saki United FC Wins Aiteo Cup, To Represent Oyo State At National

Next Post

Ibarapa: You Destabilized APC After Joining, Your Loyalists Among Those That Joined PDP With Me – Bosun Ibikunle Replies Muraina

InsideOyo

InsideOyo

InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

Related Posts

N24billion Fraud: Appeal Court Okays Ex-AGF’s Trial After Refunding N6.4billion 

N24billion Fraud: Appeal Court Okays Ex-AGF’s Trial After Refunding N6.4billion 

by InsideOyo
February 2, 2023
0

The Court of Appeal, Abuja, has set aside the judgment of a lower court barring the Economic and Financial Crimes...

2023 World Hijab Day: Oyo FOMWAN Calls For Ban On Body Revealing Clothes

2023 World Hijab Day: Oyo FOMWAN Calls For Ban On Body Revealing Clothes

by InsideOyo
February 1, 2023
0

As the World marks Hijab Day 2023, the Federation of Muslim Women's Associations in Nigeria, FOMWAN, Oyo State chapter has...

Next Post
Ibarapa: You Destabilized APC After Joining, Your Loyalists Among Those That Joined PDP With Me – Bosun Ibikunle Replies Muraina

Ibarapa: You Destabilized APC After Joining, Your Loyalists Among Those That Joined PDP With Me - Bosun Ibikunle Replies Muraina

Please login to join discussion

Click to download InsideOyo.com App

  • Oyo TESCOM To Release Additional 1,000 Names Of Successful Applicants

    BREAKING: Oyo TESCOM Releases CBT Results (See How To Check)

    0 shares
    Share 0 Tweet 0
  • JUST IN: Oyo TESCOM Releases LIST Of Non-teaching Staff, Interview Dates (See NAMES)

    0 shares
    Share 0 Tweet 0
  • JUST IN: Oyo Govt Directs All TESCOM Applicants To Update Records (See How To Do It)

    0 shares
    Share 0 Tweet 0
  • 7 Expensive Private Schools In Ibadan

    0 shares
    Share 0 Tweet 0
  • Vacancy: UI Is Recruiting For Academic And Non Academic Staff Positions (See How To Apply)

    0 shares
    Share 0 Tweet 0

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Join Our WhatsApp Group

InsideOyo.com

Copyright © 2022 Inside Media

Navigate Site

  • Home
  • General News
  • Political News
  • Oyo Campus Gist
  • Special Reports
  • Jobs
  • To Advertise
  • Support Us Today

Follow Us

No Result
View All Result
  • Home
  • General News
  • Political News
  • Oyo Campus Gist
  • Special Reports
    • Interview
  • Jobs
  • To Advertise
  • Support Us Today
    • Submit A Story

Copyright © 2022 Inside Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
%d bloggers like this: