Some petrol stations in the nation’s capital, Abuja and other cities have started witnessing queues following announcement by President Bola Tinubu that “fuel subsidy is gone”.
Tinubu in his inaugural speech on May 29th, 2023, had declared that fuel subsidy which had been a lingering issue in the country, especially between Labour and the Federal Government, was over.
Many private petrol stations in many parts of the country were also not selling as at yesterday, as many of them were reportedly under lock and key.
In the FCT, one of the attendants in one of the private filling stations who spoke to newsmen, but preferred anonymity, confirmed that the owners of the private filling stations are waiting to observe unfolding trends.
Recall that in his inauguration speech on Monday, President Tinubu had said subsidy was benefitting the rich at the expense of the poor.
At the NNPC Filling station at Wuse Zone One, Abuja, very long queue of motorists waiting to buy the product was observed, and this was also observed in many other stations visited.
Speaking on the emerging crowd at the filling stations in Abuja and other parts of the country, the Group Chief Executive Officer of Nigeria national Petroleum Company, NNPCL, Mele Kyari, said there was no need for panic buying as had been noticed in some areas of the FCT.
Kyari disclosed that the company had enough products to supply the country for the next 30 days, adding that it was monitoring its supply and distribution networks around the country.
