Business
Fuel shortages affect Anambra, and dealers raise prices to N700

Tuesday saw an increasing petrol shortage in Anambra State.
This comes after President Bola Tinubu’s Monday statement that fuel subsidies would be eliminated.
During his inaugural speech, Tinubu declared an end to the fuel subsidy, claiming it was unfeasible and that money would be diverted to other uses.
While a larger portion of the fuel stations in the state did not open on Tuesday, some drivers lined up at the few Awka gas stations that did.
Although a sit-at-home exercise to honor Biafra Day was announced for Tuesday, NAIJA PRESSNEWS was unable to determine whether the shutdown of fuel stations was due to the directive or the lack of petroleum products.
Our correspondent discovered that fuel was offered at a variety of pricing points in some of the gas stations she visited.
While some stations set the fee at N400, many others set it at N500. According to a source, some gas stations in Ekwulobia, Aguata Local Government Area, sold for as much as N700 per liter.