A Review of the Nigerian Energy Industry

Yuletide: Prices of fuel, other items skyrocket in Enugu

27 December 2014, Enugu – Although the industrial action embarked upon by National Union of Petroleum and Natural Gas, NUPENG, and the Natural Gas Senior Staff Association of Nigeria, PENGASSAN, have been suspended, filing stations in Enugu metropolis and environs still sell petrol at N115 per litre.

A visit to some filling stations in the city showed that only the major marketers sell at approved pump price of N97 per litre prompting long queues at such filling stations.The situation led to the increase in transport fares for inter and intra-city journey to about fifty percent.

At the Akanu-Ibiam International Airport, Emene,Enugu, air passengers were stranded as there were no airlines to fly passengers to their various destinations.

However, passengers were equally bewildered over the increase on air fares. Enugu-Lagos which before the yuletide cost between N18-30,000 now goes for N43,000.

Also, prices of staple food items were not left out either. A 50kg bag of rice which sold at N12,000 now sells at N14,500 while a bag of sachet water which sold at N65 now sells at N100.

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