Motorists in the Calabar South axis of the Cross River State capital are flooding a filling station along Mayne Avenue that has dropped the price of Premium Motor Spirit from N145 to N139 per litre.
Already, vehicular activities along the busy Mayne Avenue are experiencing traffic jam as a result of the development.
Southern City News observed on Friday that the fuel consumers have ignored other filing stations along the busy road for the station, which is located at Webber Street by Mayne Avenue following the reduction in price.
A motorist, Amaka Uche, described the development as surprising, considering the harsh economic realities in the business world.
According to Uche, it is shocking to note that at a time when most ventures are folding up due to low patronage, the company has reduced the price of PMS for the purpose of payback to loyal customers.
He said, “This development is surprising to us. I am sure motorists did not expect this to come at this time, especially now that the economy is down. We commend the management of the filing station for this.”
Another fuel consumer, Mr. Kufre Archibong, who said he had been a loyal customer, noted that the gesture was a welcome development.
An official of the petrol station told Southern City News that the compensatory promotion was a way of giving back to the society.
He said, “We saw what our customers went through during that period of scarcity and we felt bad. We are to fill the gap of that suffering; that was why we made up our mind that we shall do something for the people when there is steady supply of PMS.
“In the past, you see hundreds of trucks loading from Calabar depot to be taken out of the country, but the situation has changed. We used to consume 400, 40 metric tons on a daily before the subsidy and the bulk of the product which has been subsidised found their way out of the country. The field is now level for those who genuinely need to invest. Now I am coming down to N139, another can go below,” he said.
The company’s senior manager said the quantity of tankers loading the product from Calabar depot had dropped since the removal of subsidy. Click to signup for FREE news updates, latest information and hottest gists everyday
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b4 the year runs out fuel will go for 120
ReplyDeleteSMH! I just commented in another report about inaccuracies in your reportage, now I see another major one in the very first sentence of this report. Calabar South is a local government area in Cross River State. It is NOT the state capital. Calabar Municipality is the state capital. These things can easily be found out. Either by calling a colleague in the state(any state at all) or like it often is said, "Google is your friend". To the readers like me, if you read a report and such inaccuracies are noticed, please call out the author. This will help reduce the embarrassing case of wrong info being spread. Nigerian Eye, sit up
ReplyDeleteA big kudos to federal govt initiatives ... Pump price of PMS shall go down drastically just as in the case of telecommunications..
ReplyDeleteA big kudos to federal govt initiatives ... Pump price of PMS shall go down drastically just as in the case of telecommunications..
ReplyDeleteA big kudos to federal govt initiatives ... Pump price of PMS shall go down drastically just as in the case of telecommunications..
ReplyDelete@Darismativ, reading shouldn't be ur problem since u appear to know how to write so well. Read carefully, the reporter said the the "calabar South axis" of the state capital, every body who read the state and capital rhyme knows the Capital of C/River is calabar simply. Therefore, good brains should be able to process it that what calabar South axis meant here was "the southern part of calabar" and not Calabar South local govt as u are making it seem.
ReplyDeleteStop denigrating hardwork. Peace