Hike In Fuel Price Successfully Removes Queues At Benin Fuel Stations
A fuel nozzle
By Bernadette Idalu
The new increase in petroleum pump price has led to a massive drop in the number of motorists queueing up to buy premium motor spirits (PMS) at fuelling stations across Edo State.
In Benin City, an independent survey of some petrol stations as they dispensed fuel along Sapele road, Third, Ikpoba slope, through Akpakpava street by stardustonline22.blogspot.com today, July 25, 2023, showed that there was an absence of long queues which was complemented by a speedy service delivery by fuelling station attendants.
Speaking on this development, a respondent/vehicle owner stated that the new pump price regimes and attendant removal of petroleum subsidy by the federal government of Nigeria has had an adverse effect on the purchasing power of motorists.
He stated that with the announcement from government that the Nigerian National Petroleum Corporation (NNPC) was adjusting fuel price per litre on July 18, 2023, from five hundred and thirty seven (#537) to six hundred and seventeen (#617) naira at its downstream retail "MEGA" station outlet, a lot has happened with a litre of the product, as of today, retailing at five hundred and ninety (#590) naira per litre. Independent marketers in Benin retail same at six hundred and twenty naira (#620) per litre.
The ability to top up fuel tanks with PMS products has thus become hampered, he lamented, based on skyrocketing inflation with a corresponding reduced purchasing power of motorists.
Throwing more light on said fuel debacle, the respondent said, "As of last week, some of my colleagues had already stopped usage of their cars to work. They said the cost of buying fuel was incapacitating; taking a toll on other set financial obligations to the family.
"Those with more than one vehicles stopped idealizing such forms of status symbol. They voluntarily parked cars, choosing to use only car brands known to be fuel conservative with a cheap turnaround and maintainable parts."
Speaking on the need to cut running costs, the respondent upheld that
aside pruning the number of vehicles in use at homes, some colleagues at the beginning of this week, aside parking their cars, opted to use public transport to navigate to work and other places to cut down spending while waiting for payments of salaries. The "Small fuel in cars is left there to warm them so that they don't get bad," he voiced.
In related vein, a look at linear motor parks en-route mentioned streets showed the presence of a good number of commercial bus drivers on long queues, hustling to load and carry passengers to their set destinations.
However, there was a slight delay at getting passengers. Passengers, it was observed, showed reluctance to board even when they were standing before such commercial buses. Their attention was fixed at scanning the faces of private vehicle owners, trying to recognize a face or two for a quick flag down, for a possible or subsequent free car ride.
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