News
Fuel Scarcity Resurges in Ilorin, Driving Prices Up and Transport Costs Higher
Fuel shortages have reemerged in Ilorin, causing long queues at petrol stations as the scarcity of petrol continues to affect various parts of the country.
In major filling stations, the price of a litre of petrol ranges from N640 to N680. However, some independent fuel stations in Ilorin have increased their prices significantly, with rates reaching as high as N900, N950, or even N1,000 per litre.
Many filling stations were closed at the time of reporting, citing a lack of stock as the reason for their unavailability. Tajudeen Balogun, a manager at one of the independent stations, expressed frustration, noting that there is no longer any importation or loading of petrol in Lagos.
He highlighted that the Nigerian National Petroleum Corporation (NNPC) is now the sole importer of the product, and this situation is expected to persist until the country’s four local refineries are operational and able to meet the fuel demands of Nigerians.
A senior official from TotalEnergies at a filling station in Ilorin, who wished to remain anonymous, also mentioned the current challenges.
They indicated that the inability to load fuel in Lagos is due to the unavailability of the product, and expressed uncertainty about when the situation might improve, stating that only divine intervention might resolve the ongoing crisis.
The scarcity of fuel and the surge in petrol prices have led to increased transportation costs in Ilorin. Commercial cab operators, as well as Okada (motorcycle taxis) and tricycle riders, have reported significant hikes in fares, exacerbating the impact of the fuel shortage on daily commutes and transportation across the state capital.
News
FCCPC to Find Out Why Uber Exited Nigeria Amid Consumer Concerns
It has been reported that the Federal Competition and Consumer Protection Commission (FCCPC) is planning to investigate and find out why Uber left Nigeria.
While FAAN has shared that it had no involvement in Uber’s exit, the FCCPC stated that it will find out what led to the decision, following concerns and complaints from users about the company’s exit.
FAAN also shared that it understands consumers’ concerns, as people are worried about the holiday period, when people coming into the country may need rides and Uber is no longer available, as it was a reliable source of transportation.
Business
FAAN Breaks Silence on Claims Over Uber’s Departure From Nigeria
Since Uber exited Nigeria, rumours have been circulating over why the company left the country. One of the claims suggested that FAAN was part of the reason for the exit.
The Federal Airports Authority of Nigeria (FAAN) has now addressed the rumours and claims of its involvement in Uber’s decision to leave Nigeria.
FAAN said it could not speak for Uber’s decision, noting that the company likely had its own economic and regulatory considerations for leaving Nigeria.
FAAN’s Managing Director, Olubunmi Kuku, said “I can’t speak to Uber’s exit from Nigeria. I am sure they have their own economic and regulatory decisions as to why they chose to exit.”
News
Governor Umo Eno Reveals He Made ₦10m Monthly Selling Akara And Bread
Governor of Akwa Ibom, Pastor Umo Eno, reflected on a career choice he made when he had no choice back then.
The governor recalled how he made not less than ₦10 million in a month from selling bread and akara.
He stated “I started selling Akara and bread. Back then, I was doing Akara Burger — we opened the bread and put Akara inside for you. I made not less than ₦10 million in a month.”
Many Nigerians reacted and wondered if his reflection was in response to what the First Lady advised Nigerians earlier about selling corn.
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