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Owerri residents lament as fuel price soars to N1000 per litre

Published
7 months agoon
By
Ekwutos Blog
Residents of Owerri, the capital city of Imo State, have lamented the continuous rise in the pump price of premium motor spirit as the price of the product continues to skyrocket daily.
Residents were seen trekking to work as commercial bus drivers, especially Keke bus drivers, temporarily halted their services within the metropolis in protest over the continuous rise in the price of fuel in the country.
The development came on the heels of the further hike in fuel prices in parts of the state from N850 to between N900 and N1000 per litre as of Monday this week.
People were seen in the rush hours of yesterday morning trekking to work in their numbers along some of the popular roads in the metropolis, as only a few commercial buses were seen plying the road.
This was the case along the busy Owerri-Okigwe Road and Wetheral Road, among others.
DAILY POST learnt that the high price of fuel compelled commercial bus drivers to further hike fares for various destinations in the city of Owerri and parts of the state.
Some residents who spoke with DAILY POST revealed that the hardship caused by the hike in fuel pump price is affecting every sector in the state.
Chinedu Ofoha, a bus driver, said that they don’t feel happy increasing the price of transportation but that it became inevitable due to the increase in the price of petroleum products.
“It became worrisome when the fuel price started rising on a daily basis. Some filling stations are selling between N850 and N900 and some are selling at the price of N1000. Still when you go to some of the stations,
they will tell you that they are not selling,” he lamented.
DAILY POST learnt that it is only NNPC filling stations that are selling at N600 per litre. As a result, there are always long queues of motorists at every NNPC station.
“Sometimes we sleep at the station to be the first person to attend to when they reopen the next day,” Ofoha further said.
A fruit seller at World Bank Market, Rosemary Emenike, said that fruit sellers are experiencing low patronage from buyers because of the changes in their prices as a result of the increase in transport fares.
“When we go to the rural markets to purchase the fruits, conveying them to town becomes a problem as drivers charge us beyond what we can afford. When you ask why, they will tell you, are you not in the country? So for us to meet up, we increase the prices of the fruits,” she said.
DAILY POST recalls that fuel price has risen astronomically since President Bola Tinubu announced the removal of subsidy on fuel on May 29, 2023, during his inaugural speech as president.
Many Nigerians have blamed the persistent rise in fuel price and high cost of goods and services in the country on the president’s hasty removal of subsidy on fuel, given the country’s dependence on imported fuel.
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Pascal Dozie, Founder Of Diamond Bank Passes Away At 85

Published
11 hours agoon
April 8, 2025By
Ekwutos Blog
The founder of the defunct Diamond Bank Plc, Pascal Gabriel Dozie, has died at the age of 85.
According to Business Day, Dozie passed away in the early hours of Tuesday, April 8, 2025.
His death came just a day before his 86th birthday, following a battle with an age-related illness.
Dozie was best known as the founder of Diamond Bank, one of Nigeria’s most innovative financial institutions before its merger with Access Bank.
He served as the bank’s chairman before handing over leadership to his son, Uzoma Dozie.
Dozie is survived by his wife Chinyere Dozie, and five children among other relatives.
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Security forces foil kidnapping in Katsina, one civilian killed

Published
1 day agoon
April 7, 2025By
Ekwutos Blog
A kidnapping attempt was foiled in the early hours of April 5, 2025, in Gidan Yan Ali, Kurba Village, Kankara Local Government Area of Katsina State, after security forces engaged armed bandits in a fierce gun battle.
Intelligence sources told Zagazola Makama that the assailants believed to be part of a larger criminal network stormed the village around 11:45 p.m., setting corn stalks ablaze and attempting to abduct women and livestock.
Prompt deployment of security personnel led to a swift response, forcing the bandits to flee into the nearby bush.
During the confrontation, a villager identified as 40-year-old Murtala Dayyabu Sidi was shot and killed by the attackers.
The intervention of security forces ensured the safe rescue of the kidnapped women and the recovery of stolen animals, which were returned to their rightful owners.
Investigations into the attack are ongoing.
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Lagos: Cause of Ijora-Badia explosion revealed

Published
1 day agoon
April 7, 2025By
Ekwutos Blog
Lagos State Fire and Rescue Service has revealed the real cause of the explosion that rocked the Ijora-Badia area of Lagos on Sunday afternoon, injuring no fewer than 15 people.
According to a statement by the Director of the Lagos State Fire and Rescue Service, Margaret Adeseye, the explosion occurred around 4:10 p.m. inside a mini shop stocked with 25kg gas cylinders.
The shop, located within a bungalow that housed 15 self-contained rooms and seven other shops, reportedly had five gas cylinders at the time of the incident.
Adeseye attributed the explosion to the mishandling of gas, which caused a leak that was ignited by a nearby flame.
“It was a case of poor handling of gas products, which unfortunately allowed gas to escape and come in contact with a flame. This triggered the explosion,” she confirmed.
The resulting fire, she said, was promptly extinguished by a team of firefighters from the Sari Iganmu Fire Station, with support from the Lagos State Emergency Management Agency, LASEMA, the Lagos Neighbourhood Safety Corps, and LASAMBUS.
While no fatalities were recorded, 15 persons sustained varying degrees of burn injuries.
Adeseye noted that several victims were treated with first aid on-site, while others were taken to nearby hospitals for further medical care.
She also assured residents that the area has since been secured and normalcy restored.

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