stations in Lagos and Abuja, making queues to resurface in the two cities.
The Nigerian National Petroleum Corporation (NNPC) ended fuel subsidy in March 2020, exactly one year ago today. Though the corporation embargoed hike in prices of petroleum products in February, the market is tensed based on expectation and speculations of higher prices beginning from today, March 1, 2021.
Speaking to New Telegraph yesterday, National Operations Controller, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mike Osatuyi, declared that the whole nation had “crossed the bridge” and that there was no hiding place for hike in fuel price.
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