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Petrol sells N195 in Imo

By Chinonso Alozie

OWERRI—DESPITE warnings by the Federal Government to sanction petrol stations selling above pump price, the product is still selling above N145 in Imo State.


Vanguard went to the streets of Owerri, the state capital yesterday  and gathered that majority of the petrol stations were selling above pump price.

Some of the petrol stations on Port-Hacourt,   Okigwe, Onitsha  and Aba roads, have refused to adjust their meters to the N145 approved price.

Vanguard had reported that petrol was sold at between N250 and N300, during the Christmas period in Imo State, while in January this year, it came down to between N200 and N220.

In February, the product  went down a little to between N180 and N195, against the N145 approved government price.

However, the price of the product has remained uncontrollable after the zonal controller , South East Department of Petroleum Resources, DPR, Mr. Peter Ikechukwu Eje  visited Imo and claimed that the DPR, may not have enough workforce to stop the trend.

Perturbed by the situation, residents and  motorists in the state have continued to reject the fuel hike which was followed by series of protests by different youth groups in the state.

It will be recalled that one Sabastine Iheme, who spoke to Vanguard said: “These petrol marketers are joking with us. They are not sincere to themselves and I suspect that the government is aware of all this profiteering.”


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