Residents lament as petrol sells for N700 in Anambra

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The price of Premium Motor Spirit otherwise known as petrol went as high as N700 per litre in some parts of Anambra State on Tuesday as residents resorted to panic buying.

A restaurant operator in Onitsha, Mama Chisom, said, “Since the announcement of the subsidy removal, filling stations have stopped dispensing fuel so that they will be able to adjust their prices according to the new market price.

A commercial motorist, Kenechukwu Okonkwo, said, “It’s like the petrol filling stations operators had the inkling that the subsidy removal will be announced most of them have stopped dispensing the products since Friday waiting for the new development.

 

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