A litre of fuel currently sells between 200 and 400 naira depending on the vendor across Nigeria.

This is against the official pump price of 145 naira per litre.  

Yet, Nigeria’s dearly-loved Vice-President, Prof. Yemi Osinbajo, wants Nigerians to believe there is no plan whatsoever to increase the price of the commodity.

On Christmas, as millions of Nigerians celebrate the festivity in long queues at filling stations, Osinbajo insists that the Federal Government had no plan to increase the pump price of petrol in 2018.

Perhaps the assurances given are immaterial at this time, but the number 2 citizen has spoken.

He visited some fuel depots in Lekki area of Lagos where he monitored the loading of trucks to ensure steady supply of petrol to designated filling stations.

The News Agency of Nigeria, NAN reports that Osinbajo also visited some major fuel depot terminals in Apapa and other parts of Lagos on Christmas Day.

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According to the Vice President, the fuel scarcity facing the country is because of shortage of supply to depots across the country.

He was quoted as saying that, “President Buhari is very much concerned about Nigerians and how we can quickly end the fuel scarcity crisis in the country.”

“The fuel crisis presently confronting the country is as a result of shortage of supply of fuel to depots across the country.

“We hope that in the next couple of days, we would be able to end the fuel queues,” Osinbajo said.

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