Despite assurance by the Federal Government that the lingering fuel scarcity will end on Saturday, Daily Trust reports that petrol was sold between N270 and N300 a litre in Jos at the weekend.
Correspondents in Jos observed very long queues at few fuel stations while at the NNPC mega station, the queue stretches over two kilometres on Sunday morning.
Most fuel stations however did not dispense the commodity on Friday and Saturday claiming they had exhausted their stash. Following this, the price of fuel had jumped from N250 to N270 and even N300 a litre at the black market.
One of the black marketers, Adamu Alero told Daily Trust that he bought a 25-litre jerrican of fuel at N6,000 on Saturday and would likely make a profit of N1,500 if he sells the product at N300 a litre.
The scarcity at the weekend also doubled up transport fare within the city as transportation fare from Jos to Bukuru which used to cost N100 is now N200.
