Metro Ibadan Hoodlums Threaten to Burn Down Petrol Stations Empowering 'Black Marketers'

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LequteMan

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Nigeria - Hoodlums in Ibadan, the capital city of Oyo State may begin to burn down filling stations that sell fuel to customers in the dead of the night for unbridled profiteering, The Street Journal says.

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It is believed that some filling stations (especially Bethel filling stations) are fond of selling fuel to customers between 1 am and 3 am to avoid the usual long queues that are always preponderant in the few filling stations that sell fuel during the day time.

Reports say hoodlums around Iyana Adeoyo and Ososami axis of the metropolis have threatened to storm the Iyana Adeoyo Bethel fuel station should the station open at the odd hour to sell fuel today.

It was argued that Bethel filling stations encourage the black market business in the ancient city of Ibadan as fuel is sold to customers with jerrycans at night.

It was argued that such customers usually sell the essential commodity at exorbitant prices during the day time.

It's said that fuel is sold at Bethel filling stations at between N200 and N250 per litre at the buyers re-sell the commodity during the day time for between N300 and N500 a litre in the black market.

#Nigeria #Oyo #Fuel
 
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