Business
Fuel scarcity in Ibadan: Black marketers, petrol attendants fleece motorists

Retailers of petroleum usually referred to as black marketers are currently “cashing out” in Ibadan, the Oyo State capital as the scarcity of petroleum in the city worsened.
Ibadan has been experiencing fuel scarcity for the past four days with the majority of petroleum stations shut down, leaving only a handful selling a litre of petroleum between N195 and N350.
Track News survey showed that BOVAS was the only fuel station selling a litre of petrol at N180 in Ibadan on Wednesday.
Track News correspondent who went around the city observed that the few branches of BOVAS selling the product have long queues of cars and motorcycles.
Some of the areas visited included Bodija, Secretariat Road, Sango and Eleyele Road.
The scarcity of fuel forced most motorists to hike to resort to patronising black marketers who are selling at the rate of N500 per litre.
While black marketers are making brisk businesses by inflating the price of the product, petroleum attendants, on the other hand, were observed extorting buyers.
In some petroleum stations, petroleum attendants are collecting N200 per vehicle before they sell the product. In other stations, they demanded N500 before selling the product to motorists
-
News1 day ago
I Paid ₦1,000 For A Litre, Oshiomhole Laments Fuel Scarcity And Price
-
News7 days ago
OSUN GOV TRIBUNAL JUDGMENT: Opponents of BVAS out to discredit it — Igini
-
Politics2 days ago
Be prepared for sorry tales’, SDP flag bearer, Adebayo, slams Obi for supporting CBN policy
-
World News2 days ago
Pakistan’s ex-president, Pervez Musharraf, dies at 79
-
Politics4 days ago
Yenagoa: Your sense of humor is astonishing, OBB tells Champion Igali. As he celebrates his natal Anniversary.
-
Politics2 days ago
Why Atiku might win 2023 presidential election – Deji Adeyanju
-
Business1 day ago
Court Sentences Fidelity Bank MD, Nneka Onyeali-Ikpe To Prison
-
News7 days ago
2023: “They moved exchange rate from N200 to N800”- Again, Tinubu attacks Buhari’s Govt