See new price of fuel at filling station as man shares he paid N74k to fill his tank

• A Nigerian man has expressed his displeasure after buying fuel at filling station at new price above NNPC price
• He revealed that how he paid over N74,000 to fill the tank of his car at a cost price of N900 per liter
• The federal government's removal of fuel subsidy and exchange rates has led to a tripling of fuel prices across the country

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

A Nigerian man has taken to social media to express his frustration after spending N74,000 to fill his car’s fuel tank.

Taking to Facebook, the man revealed he recently bought fuel at N900 per litre, reflecting the price change at filling stations across the country.

Filling station sells petrol at N900 per litre Photo credit: Benson Ibeabuchi
Source: Getty Images

In the video the unidentified man was seen screaming apparently unhappy with the pump price.

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The location of the filling station was also not disclosed.

He caption the video:

""My eyes see Wetin my mouth nor fit talk."

See the video below

Fuel station adjust petrol prices

Filling stations around the country have been forced to adjust petrol prices amid ongoing scarcity in major cities.

Legit.ng reported that Chinedu Ukadike, the Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), explained that the scarcity was due to many filling stations not opening due to the protest.

Punch quoted Ukadike as saying

"The protest is ongoing, causing filling stations and trucks to operate suboptimally due to fears of attacks by protesters. "During the ENDSARS protest, oil marketers' businesses were attacked and destroyed without any government compensation. "Trucks carrying petrol and diesel were burned in Warri, Enugu, Sapele, and other areas, with no compensation provided by the government."

The few that are open are selling the product at very high prices, ranging from N750 to as much as N950 per litre.

A filling station manager at Ikotun, Gbenga Salau, told Legit.ng that a litre of petrol is N750 per litre.

"I am not sure you can find any petrol station selling fuel below N750. We are even cheaper because we have two other stations close by selling at higher prices. Otherwise, we would sell at a minimum of N820 per litre."

Tinubu reacts to reduced diesel prices.

Earlier, Legit.ng reported that President Bola Tinubu commended Dangote Oil and Gas Limited for slashing the price of Automotive Gas Oil (AGO), also known as diesel, from N1200 to N1000.

The reduction was effected after the initial decrease from N1,650 to N1200 about three months ago.

Tinubu said the price review, which represents a 60% drop, would impact the prices of various goods and services.

Source: Legit.ng