Subsidy Removal: Residents Protest Over Fuel Price Hike in Edo

Some residents in Benin, Edo State have taken to the streets to protest against the Federal Government’s removal of fuel subsidy.

The protesters demanded an immediate reversal of the pump price to two hundred and ten naira (N210) until July 2023.

They also called for the repair and operation of the four Nigerian refineries to ensure petrol production for domestic consumption.

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The protesters said:
“We refuse to pay N520, demand N210 for petrol, Petrol must be N210 until July ends.”

President Bola Tinubu recently declared that there would be no more subsidy on petrol, leading to long queues at filling stations across the country due to panic buying and hoarding by fuel dealers.

Recall that the Nigerian National Petroleum Corporation Limited (NNPCL) released a list of adjusted pump prices for its stations nationwide.

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According to the list, the new pump prices for Premium Motor Spirit (PMS) range from four hundred and eighty-eight naira (N488) in Lagos State to five hundred and fifty-seven naira (N557) per litre in Yobe and Borno states, with Abuja and Enugu at five hundred and thirty seven naira (N537) and five hundred and twenty naira (N520), respectively.