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Tuesday, May 26, 2015

Fuel Scarcity: Nigerians Take Petrol Search To Benin Republic, Cotonu


Due to the present scarcity of petroleum products in the country, Nigerians have been forced to source the product from Cotonou in Benin Republic.

On Monday, petrol sold for between ₦4,500 and ₦5,000 per litre along the Lagos-Badagry Expressway as black marketers claimed they sourced the product from neighbouring Cotonou in the Republic of Benin which is not an oil producing country.

A petrol hawker, who identified himself as Simpson Samuel, said he bought five litres from Cotonou and resold it for ₦5,000 in Lagos state.

“I purchased this fuel for 800 Cedis a litre, which is equivalent of ₦3,500,” - he said.

“We have been at filling stations along this Badagry road, but we did not get fuel. Some of our colleagues directed us to Cotonou and that is where we bought these ones.

“Many people who have also gone there cannot buy because of the rush by our people,” - Mr. Samuel said.

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