Capital Oil sells petrol at N100 per litre in Nnewi

Capital Oil and Gas owned by Ifeanyi Ubah is currently selling fuel in Nnewi, Anambra State an N100 per litre.

Mr. Ubah had on Sunday promised to open his facility to “approximately 400 trucks of petroleum products” because “of to the immense hardship witnessed by Nigerians following the suspension of loading activities in all depots”.

In Lagos, Capital Oil is selling fuel at N87.

The entire country has been hit by an unprecedented fuel crisis that has grounded the nation’s economy with banks, telecommunications firms and media organisations limiting their hours of operations.

Capital Oil and Gas Ltd had on Sunday commenced the loading of 13 million litres of petrol from its depot in Apapa for distribution to the various states to reduce the current scarcity.

The Chairman of the company, Ifeayin Ubah, told journalists in Lagos that more than 2,000 trucks would be loaded before May 29 to boost the country’s economic activities.

He said the company’s facilities had the capacity to load 13 million litres of the product within the period.

“This comes to approximately 400 trucks of petroleum products on daily basis. With this, it is our belief that once again our citizens will begin to smile and return to normal family and work life.

“We call on other petroleum marketers to follow suit and save our nation from this impending economic and social crisis,’’ he said.