Barely 24 hours after the federal government’s directive to filling stations to sell Premium Motor Spirit (PMS) at N125 per litre, there has been full compliance in the Federal Capital Territory (FCT).
A correspondent who monitored the situation in Abuja, reports that most of the filling stations have adjusted their meters to N125. At Danmarna Filling Station located at the Airport Road, it was observed that a litre of PMS was selling for N125.
A customer, who bought fuel at the station, was seen taking pictures of the adjusted meter with a promise to post it on social media as one of the stations to first comply with the directive.
When the petrol attendant was asked if the adjusted pump price would not amount to a loss, considering the fact that the PMS had been in stock earlier, he said that filling stations would be compensated.
“They will deduct it from our next purchase at the depot; it will still come to the same amount and we are not going to incur any loss,” he explained.
Also, at Dan Oil, a litre of PMS was sold for N125, although there was an unusual queue at the filling station in what appeared like a move to see if the station had complied.
At Shema Petroleum Limited near the Abuja city gate, a litre was also sold for N125.
However, following the adjustment in the petroleum pump price, residents were optimistic of a downward review in transportation cost.
A civil servant, Mrs. Alice Dauda, said that though she was hopeful that commercial vehicles would reduce their fares, she however, added that the greed and the quest to make more money could deter them.
She called on the National Union of Road Transportation Workers (NURTW) and other appropriate bodies saddled with the regulation of Abuja taxis to enforce the price adjustment.