Eltayon Nigeria Limited, a filling station in Ekiti State has been sealed for selling fuel at ₦600 per litre after Tinubu’s announcement.
In a knee-jerk reaction to the confirmation of fuel subsidies removal by President Bola Ahmed Tinubu’s administration, Eltayon Nigeria Limited increased the petrol pump price to ₦600 per litre.
BrandSpur Nigeria recalls that President Bola Ahmed Tinubu on Monday, May 29, 2023, said the era of subsidy payment on fuel has ended. President Tinubu said the 2023 Budget made no provision for fuel subsidy, and subsidy payment is no longer justifiable.
“The fuel subsidy is gone,” Tinubu declared in his inaugural speech at Eagles Square on Monday after he was sworn in as Nigeria’s 16th President.
VIDEO: Task Force Seal Filling Station For Selling Fuel At ₦600 Per Litre
In reaction, marketers and operators increased the petrol pump price to N210-N500 per litre. On Monday evening around the Nation’s capital showed that long queues returned as residents buy fuel for 210/per litre against N195/per litre. However, some filling stations in Kubwa expressway, Lugbe still sell fuel at N195/per litre.
On the other hand, in Lagos, the sharp increase in fuel pump price is almost 100 per cent as Lagosians purchase the product for N370/per litre from 180/per litre. In Warri Delta state, the pump price had jumped to N500/per litre.
In Ekiti State, southwest Nigeria, a gas station, Eltayon Nigeria Limited, located beside Access Bank on Bank Road Ado Ekiti, increased the petrol pump price to ₦600 per litre.
Following a routine check by the Ekiti State Special Task Force on Petroleum Products headed by Mr Israel Adesokan after the announcement of fuel subsidy removal by President Tinubu, Newsone Nigeria reports that Eltayon Nigeria Limited was sealed today, Tuesday, May 30, 2023, for selling at ₦600 per litre.
Ekiti State special task force on petroleum products headed by Mr. Israel Adesokan sealed a gas station (Eltayon Nigeria limited) located beside Access Bank on Bank road Ado Ekiti today for selling at #600 per litre. Are we going to see more of such interventions from other State pic.twitter.com/JIsHtXq1rs
— Jubril of Sudan till 2023 (@Gen_Buhar) May 30, 2023
