Border petrol supply suspension: Fuel price hikes to N600/litre

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Petrol product prices have hit an all-time high at border communities in Ogun, Lagos, Adamawa, Katsina and Sokoto state following the Federal Government’s suspension of fuel supply to areas  within 20 kilometres to  the nation’s borders.

According to Punch, the suspension of fuel supply has triggered scarcity and a hike in prices at some border communities in the country.

The recommended price for a liter of fuel is N145/litre, but according to Punch , a liter of fuel now sells for as high as N600 in some communities.

The affected communities include; Ihunbo, Ilase, Ajegunle, Idiroko and Agosasa in the Ipokia Local Government Area of Ogun State.

Meanwhile filling stations still selling at the recommended price of N145 have been besieged by massive crowds, with queues stretching beyond the station’s vicinity.

Just like the land border closure, it is not certain when the supply suspension will be halted.




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