On Wednesday, November 8, the petrol prices in Imo state, increased from N650 to N700 per litre. The sudden rise has left commuters groaning as they struggle to cope with the effects of the hike which the commercial drivers have increased by over 100 per cent, making it difficult for commuters to afford transportation. It was gathered that the recent increase in the state has been attributed to several factors including threat by the Nigeria Labour Congress (NLC) to cut fuel supply to the state.
However, it was gathered from some fuel dealers along Owerri-Aba road that the recent increase in petrol price has nothing to do with NLC strike in the state, but attributed to high cost of dollar to naira which is put at over N1000 to a dollar now. “So, it is not connected to NLC,” the source said.
Details shortly…
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