Fuel price to drop nationwide as imported petrol price undercuts Dangote Refinery’s rate
Fuel Pump, gong-news.com
Posted inBusiness News Nigeria

Commercial drivers in Ibadan express relief over fuel price reduction

11,837Posted inBusiness, News, Nigeria3 minutes

Some commercial motorists in Ibadan have heaved a sigh of relief at the reduction of the pump price of petrol.

 

However, speaking with the News Agency of Nigeria (NAN) on Thursday, the motorists asked for a more significant reduction to increase their purchasing power.

 

A commercial motorcyclist, Ismaili Olamilekan, said the price drop is about N100 per litre.

 

“While some filling stations are still selling between N930 and N950 per litre, others are selling between N870 and N890.

 

“I usually buy fuel where it is cheaper, but we pray that it will be sold between N400 and N500 per litre. This is what we are praying for.

 

“Before the reduction, if I buy N1,500 worth of fuel, it doesn’t serve me well, but now, I see an appreciable gain,” Olamilekan said.

 

A taxi driver, Mr Waheed Ajasa, says he now buys petrol at N870 or N875, whereas some filling stations sell at N940 or N945.

 

Read Also:

Marketers with imported fuel fear losses as Dangote slash price

 

“At Moniya area of Ibadan, the latest price is either N865 or N870.

 

“We have seen some positive changes in our business due to this,” he said.

 

The taxi driver, however, said the reduction was not significant enough to cause transportation fare to drop.

 

Similarly, a commercial tricyclist, Mr Abdulamin Mustapha, said the situation had brought a notable difference in the transportation business.

 

Mustapha, celebrating the reduction, said the public would have complained if the price had increased by N5.

 

“So, we are happy that the story is about reduction. We thank God.

 

“We want the government to ensure its continuous decline to improve the economic situation.

 

“Although there is no uniform price for petrol, it seems that N870 is gaining ground and will soon cut across all the filling stations.

 

“We are having it good now as we are enjoying the increase in the gain we make in this business,” he said.

 

Nevertheless, another taxi driver, simply identified as Otunba, said the fuel pump price was still too expensive.

 

According to him, it has not been supporting the transportation business.

 

“We buy at N870 or N875, and it is still not okay to make good income as most of the money made is spent on the buying of fuel.

 

“With 10 litres of fuel, you cannot go more than three turns; going and coming.

 

“This is a shortage compared to when the fuel was not this expensive.

 

“We want the price to be further reduced.

 

“Though the people are already clamouring for a reduction in transport fare, this cannot happen yet because there has not been a huge reduction in fuel pump price,” Otunba said.

 

Meanwhile, an anonymous taxi driver frankly said the economic situation of Nigeria needed to improve for the respite of every Nigerian.

Tags:

11,837 Comments

  1. melbet_idKn
    Reply
    April 25, 2026,

    как сделать депозит melbet [url=http://melbet09374.help]http://melbet09374.help[/url]

  2. sweet-bonanza_tiPi
    Reply
    April 25, 2026,

    sweet bonanza розблокувати акаунт [url=https://sweet-bonanza83096.help/]sweet bonanza розблокувати акаунт[/url]

  3. mostbet_whpi
    Reply
    April 25, 2026,

    мостбет mines коэффициенты [url=https://mostbet29056.help/]https://mostbet29056.help/[/url]

  5. melbet_nrsi
    Reply
    April 25, 2026,

    melbet dépôt avec numéro orange [url=https://www.melbet38470.help]https://www.melbet38470.help[/url]

  7. melbet_uxKn
    Reply
    April 25, 2026,

    мелбет пополнить с odengi [url=https://melbet09374.help/]https://melbet09374.help/[/url]

  10. melbet_jksi
    Reply
    April 25, 2026,

    melbet paiement orange money [url=www.melbet38470.help]melbet paiement orange money[/url]

  11. melbet_nfKn
    Reply
    April 25, 2026,

    melbet ошибка регистрации [url=http://melbet09374.help]http://melbet09374.help[/url]

  12. pinup_ioSr
    Reply
    April 25, 2026,

    pinup karta orqali depozit qilish [url=https://www.pinup28750.help]https://www.pinup28750.help[/url]

  14. mostbet_xsol
    Reply
    April 25, 2026,

    mostbet official page [url=https://www.mostbet62741.help]https://www.mostbet62741.help[/url]

  19. melbet_mwsi
    Reply
    April 25, 2026,

    melbet plateforme officielle [url=melbet38470.help]melbet plateforme officielle[/url]

  21. pinup_pdSr
    Reply
    April 25, 2026,

    pin-up bonus aylantirish [url=https://pinup28750.help]https://pinup28750.help[/url]

  22. 1win_lsPa
    Reply
    April 25, 2026,

    авиатор 1win [url=https://www.1win78514.help]https://www.1win78514.help[/url]

  23. melbet_cbKn
    Reply
    April 25, 2026,

    мелбет как играть в казино [url=http://melbet09374.help/]http://melbet09374.help/[/url]

  25. 1win_fser
    Reply
    April 25, 2026,

    1win бозиҳои нав [url=http://1win34605.help/]1win бозиҳои нав[/url]

  26. sweet-bonanza_jhPi
    Reply
    April 25, 2026,

    sweet bonanza поповнення через термінал [url=http://sweet-bonanza83096.help]sweet bonanza поповнення через термінал[/url]

  27. mostbet_nmpi
    Reply
    April 25, 2026,

    мостбет подтвердить аккаунт [url=http://mostbet29056.help]http://mostbet29056.help[/url]

  28. melbet_jrKn
    Reply
    April 25, 2026,

    мелбет демо слоты [url=https://melbet09374.help/]https://melbet09374.help/[/url]

  31. 1win_tber
    Reply
    April 25, 2026,

    1win лимити минималӣ депозит [url=http://1win34605.help]http://1win34605.help[/url]

  33. mostbet_iapi
    Reply
    April 25, 2026,

    mostbet как вывести на MasterCard [url=mostbet29056.help]mostbet29056.help[/url]

  34. sweet-bonanza_ivPi
    Reply
    April 25, 2026,

    sweet bonanza скачати додаток [url=https://www.sweet-bonanza83096.help]sweet bonanza скачати додаток[/url]

  35. 1win_gfPa
    Reply
    April 25, 2026,

    слоты 1вин [url=https://1win78514.help/]https://1win78514.help/[/url]

  36. 1win_zcer
    Reply
    April 25, 2026,

    1win воридшавӣ аз компютер [url=http://1win34605.help]http://1win34605.help[/url]

  39. 1win_xter
    Reply
    April 25, 2026,

    1win дар душанбе [url=https://www.1win34605.help]1win дар душанбе[/url]

  40. mostbet_dnpi
    Reply
    April 25, 2026,

    мостбет рабочий сайт Кыргызстан [url=https://mostbet29056.help]https://mostbet29056.help[/url]

  41. sweet-bonanza_xqPi
    Reply
    April 25, 2026,

    світ бонанза бонус код [url=http://sweet-bonanza83096.help/]http://sweet-bonanza83096.help/[/url]

  44. 1win_fyPa
    Reply
    April 25, 2026,

    1вин вывод на карту [url=https://1win78514.help/]1вин вывод на карту[/url]

  45. 1win_xler
    Reply
    April 25, 2026,

    1win нест кардани ҳисоб [url=1win34605.help]1win34605.help[/url]

  46. melbet_cuKn
    Reply
    April 25, 2026,

    мелбет ставки на теннис [url=http://melbet09374.help/]http://melbet09374.help/[/url]

  47. mostbet_oqpi
    Reply
    April 25, 2026,

    как активировать промокод мостбет [url=https://www.mostbet29056.help]https://www.mostbet29056.help[/url]

  48. sweet-bonanza_pwPi
    Reply
    April 25, 2026,

    sweet bonanza завантажити ios [url=https://www.sweet-bonanza83096.help]https://www.sweet-bonanza83096.help[/url]

  50. 1win_rtpi
    Reply
    April 25, 2026,

    1win convertir moneda [url=https://www.1win67052.help]https://www.1win67052.help[/url]

Leave a Reply

Your email address will not be published. Required fields are marked *