An economist and member of the Labour Party, LP, Pat Utomi has reacted after the Nigerian National Petroleum Corporation, NNPC Increased the price of fuel to N1,030.
His reaction was contained in a post that he shared on his official X handle on Wednesday.
According to THE NATION, NNPC has increased the price of fuel to N1,030. The report further stated that the increase follows NNPC’s recent decision to terminate its exclusive purchase agreement with Dangote refinery.
Here is what THE NATION wrote;
“The sharp increase follows NNPC’s recent decision to terminate its exclusive purchase agreement with Dangote Refinery. With the termination of the agreement, NNPC is no longer the sole off-taker of products from the refinery, allowing independent marketers to negotiate fuel prices directly with Dangote Refinery”.
However, Pat Utomi has now reacted after the report surfaced online. In the post that he shared on his official X handle, he said he experienced a long queue while he tried to purchase fuel.
Here is what he wrote on his page;
“Was low on fuel so the driver headed to the petrol station. Long queue. Tried the next, longer queue. To save time, I set off to an ATM to get cash so the driver could spend the time I could not afford at the station. The first bank had network problems. Ditto for three other banks. Ended up giving dollar bills to the driver to change so he could buy petrol. I am returning now to Victoria Island and the traffic is a nightmare from fuel line problems”.