Fuel Subsidy Removal:Panic Buying In Edo As Motorists Storm Fuel Stations

There was panic buying in Edo on Monday after the announcement of fuel subsidy removal by President Bola Ahmed Tinubu, as motorist besieged the NNPC Mega Station on Sapele Road and others to buy before any increment in price occurs.

Earlier on Monday morning , no queue was witnessed but motorists soon besieged the stations after the announcement was made.

The queue at the NNPC Mega Station in Sapele Road stretched from Sapele Road to High Court Road with many motorists stating that they did not know what would happen now that the subsidy has been removed.

Lucky Otabor said he left home to join the queue as soon as the announcement was made and was surprised to meet many motorists on the queue.

He said, “Hopefully, the removal of subsidy will not affect the masses. I had to rush to the mega station to buy fuel but I met a long queue. I was surprised to see the number of motorists on the queue.”

The mega station still sells at N187, while other stations, who also have considerable vehicles on the queue, sell for between N210 and N220.

Also, most fuel stations in Benin metropolis shuts their gates to customers.