Residents in Imo lament hike in fuel prices

2015-03-18 13:46
Owerri- Residents in Owerri, Imo state capital, have expressed their displeasure over the continued hike in the price of the fuel despite the Federal Government slashing it to N87 per litre, Channelstv reports.
Investigations revealed that some filling stations in the city sell at 97 naira, 100 naira and 115 naira per litre instead of N87.

The Independent Petroleum Marketers, at a joint meeting between petroleum marketers in Imo and Abia State in the south-east, have disclosed that reasons why they sell at higher prices is due to non-availability of fuel at the government approved fuel depots in the South-East and South-South.

The Zonal Chairman of the petroleum marketers in Aba and Imo unit, Bobby Eberedick, explained that this has led them to buy from private fuel depots where they sell higher than the government approved prices.
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