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Nigerians paid double for petrol in April

10 May 2016, 21:43

Lagos - Latest public opinion polls indicate a vast majority of Nigerians bought petrol above the official pump price of N86,50 per litre in April.

A survey by NOIPolls, the regional agency, concluded 85 percent had been over-charged for the commodity whose scarcity peaked during the month.

The commodity was bought the commodity more than double the official price-N176 per litre.

The poll also revealed that the North-East and South-East geopolitical regions of the country recorded the highest average prices of N199 and N194 per litre respectively.

Also read: 'Former Plateau governor bought pen for £7 000 in 2004'

In addition, amongst the 85 percent who bought petrol above the approved pump price of N86,50, almost 6 in 10 (59 percent) respondents in this category bought the product between N150 and N250 per litre.

Furthermore, 50 percent of respondents bought petrol from independent marketer filling stations, 24 percent from major marketer filling stations, and 14 percent from black marketers, leaving only 12 percent who said they bought the product from Nigerian National Petroleum Corporation filling stations.

The months of March and April 2016 witnessed an unprecedented scarcity of petroleum products in the country, with long queues at filling stations nationwide.

The opinion poll was conducted in the week of April 18.

It involved telephone interviews of a random nationwide sample. Some 1 000 randomly selected phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed.

- CAJ News


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