Just In: Scarcity of Petrol Sparks Protests in Edo

Date: 30-01-2023 2:32 pm (1 year ago) | Author: Bayo Nelson
- at 30-01-2023 02:32 PM (1 year ago)
(m)

According to a report by SaharaReporters, hundreds of angry Nigerians have staged a protest over fuel scarcity in Benin. They blocked roads in Benin City, the Edo State Capital, Southwest Nigeria on Monday, over the protracted fuel scarcity and hike in the price of the product. A video of the protest seen by SaharaReporters on Monday morning shows fires on the road with thick smoke billowing from the burning materials.

A voice narration in the video said, "This is happening live in Benin City, Edo State capital; huge protest going on over fuel crisis. You can see protesters block roads and making fire on the roadblocks." SaharaReporters earlier reported that the price of premium motor spirit (PMS), otherwise called petrol had gone up, with some fuel stations selling for as high as N400 per litre. The official cost of the product used to be N165 per litre before recent reports accuse the government of quietly increasing it to N185 per litre. But due to the scarcity of the product and the rising demand, many fuel stations have been selling for between N340 and N400 per litre.

The scarcity of the product is currently causing untold hardship for Nigerians. SaharaReporters earlier reported that President Buhari recently set up a 14-man committee that he would be heading to proffer solutions to the lingering fuel scarcity. The committee according to the Minister of State for Petroleum Resources, Mr Timipre Sylvia, will be chaired by the President as the Minister of Petroleum Resources while he will be the alternate chairman. The committee’s job is to address the challenges in the downstream sector of the petroleum industry, causing petrol scarcity in Nigeria. It will also track petroleum products, especially petrol to ascertain daily national consumption and eliminate smuggling.

In October 2022, Sylva said Nigeria was losing at least 700,000 barrels of crude oil to thieves daily. The minister said this through the Permanent Secretary in the petroleum resources ministry, Ambassador Gabriel Aduda, who represented him at the 2002 graduation of students of the Petroleum Training Institute (PTI).


Posted: at 30-01-2023 02:32 PM (1 year ago) | Addicted Hero
- OmoNobaUku at 30-01-2023 04:29 PM (1 year ago)
(m)
Protesting is giving buccaneers and hoarding marketers exactly what they want. Better to exercise restraint and patience.
Posted: at 30-01-2023 04:29 PM (1 year ago) | Gistmaniac
Reply
- kp45 at 30-01-2023 10:55 PM (1 year ago)
Online (m)
When the going get tough the tough get going
Posted: at 30-01-2023 10:55 PM (1 year ago) | Addicted Hero
Reply

fire TRENDING GISTS fire

TODAY'S TOP
  1. DHQ Finally Releases Photos And Names Of Soldiers Killed In Delta Attack

  2. Teenage Boy Nabbed For Raping 11-Year-Old Schoolmate In Rivers

  3. She Paid For My 1st Song, Believed in me When Others Mocked me- Kizz Daniel Opens Up About Wife

  4. VIDEO: Nigerian Man Drags Wife to Court Over Genotype of Their Son Who is SS

  5. The House Of Rep Member Is In Opposition Party - Soludo States Why He Didn't Construct Road

  6. Nigerian Man Breaks Down in Tears After Using His Mother’s N8m to Play Sporty Bet, Loses All

  7. VIDEO: Peter Obi Spotted At Central Mosque To Break Fast For Ramadan

  8. BBNaija's Angel Slams Trolls Following Speculation Of A Breakup With Soma

  9. "I’ve Forgiven Davido For ‘Disrespecting’ Me" - Samklef

  10. 'This Entertainment Industry Is So Dark Cos People In It Are So Envious, Evil' - Actress Uche

  11. I’ll Not Leave My Husband For Having Child Outside Our Marriage Says Blessing CEO

  12. "I’m Afrobeats Leader Worldwide" – Davido Brags

  13. Singer Spyro Sends Strong Message To Men About Beautiful Women

  14. Fear, Tension As Bandits Kidnap 87, Loot Shops In Fresh Kaduna Attack


THIS WEEK
  1. Nollywood Actor, Amaechi Muonagor Seeks Help From His Sick Bed

  2. Royal Joy As Ooni Of Ife Welcomes Twins With His Third Wife, Olori Tobi Philips-Ogunwusi

  3. President Tinubu Appoints First Female Director-General Of NEMA, Zubaida Umar

  4. Motorist Calls Out Actor Somadina Adinma For Being A Celebrity And Trekking In Public

  5. Following Recent Divorce Saga, Nigerians Dig Up Abusive Past Of Modupe Alakija

  6. Customs Intercepts Ammunition Worth Over Half A Billion Naira Concealed In Sacks Of Garri

  7. See Full Lists Of Venues Of Lagos 25% Discounted Food Markets ‘Ounje Eko’

  8. Can of Worms! Obasanjo’s Biological Father An Igbo Man From Onitsha – Rtd Col Majekodunmi

  9. Drink Your Tears, Cry Blood, I’m Married” – Queen Throws Shades As She Flaunts Her Ring (VID)

  10. "How Tinubu And His Colleagues Failed Nigeria In 1999" - Pa Ayo Adebanjo


TOP MEMBERS: