Fuel prices in Akwa Ibom have recently surged to N2,000 per litre due to petroleum marketers shutting down operations in protest of the Joint Task Force seizing their trucks.
This drastic increase from the previous price of N1,400 per litre has affected not only transportation costs but also the prices of basic food items.
It’s worth noting that the current price you mentioned, N2,500 per litre, seems higher than the reported price of N2,000 per litre.
However, prices can fluctuate rapidly due to various factors, including supply chain disruptions and regulatory actions.
Governor Umo Eno has warned marketers against selling petrol above the approved price, stating that the state government will establish a task force to address the issue.
This move aims to mitigate the impact of the price hike on residents and ensure that marketers operate within legal boundaries.