JUST IN: Shettima Speaks On Fuel Scarcity
OpenLife Nigeria reports that His Excellency, Vice President Kashim Shettima has resumed work at the Vice President wing of the State House in Abuja.
He arrived his office in the Presidential Villa at about 12:39 pm.
Kashim Shettima, a former two tenure governor of Borno State was sworn in on Monday, May 29, as Nigeria’s number citizen, replacing Professor Yemi Osibanjo.
Speaking to journalists in his office, the Vice President restated the commitment of himself and his principal, Bola Tinubu, towards bettering the lives of the Nigerian people.
When asked about the current fuel scarcity following the president’s inauguration fuel subsidy elimination proclamation, Shettima reiterates the president’s statement promising better years ahead for Nigeria.
“There are better years ahead,” the VP was quoted to have said.
Meanwhile, in a knee-jerk reaction to the confirmation of fuel subsidies removal by President Bola Ahmed Tinubu’s administration, marketers and operators have increased petrol pump price to N210-N500 per litre.
In his inaugural speech on Monday, the President said since the immediate past President, Muhammadu Buhari, did not budget for fuel subsidies in the second half of the year, the payment is gone for good.
Following Tinubu’s pronouncement, long queues at petrol stations emerged across the country on Monday evening.
On Tuesday morning, fare that has hovered between N150 and N200 from Egbeda to Ikeja in Lagos sky rocked to N700.
In Lagos, the sharp increase in fuel pump price is almost 100 per cent as Lagosians purchase the product for N370/per litre from 180/per litre.
In Warri Delta state, the pump price had jumped to N500/per litre. In other parts of Niger state, fuel pump prices had increased to 210 -300/per litre.
These price changes happened less than six hours after Tinubu’s announcement during his inaugural speech at Eagle Square, Abuja.