The hike in petrol price from N195 to N540 and above by oil marketers has left long queues in Port Harcourt fuel filling stations as the street remain littered with workers, traders and students trekking due to hike in transportation fare.
The federal government-owned Nigerian National Petroleum Company Ltd (NNPCL) and the oil marketers began a new price regime following President Bola Ahmed Tinubu inauguration speech that the oil subsidy regime is over.
In the Port Harcourt city a trip from Oyigbo Area to Eleme junction that use to cost N150 is currently N250 to N300, while a trip from Eleme to Mile 1 park that was N150 is now increased to N250/N300.
A School teacher, Mrs Ibiene Jack told our Gist reporter that with the recent development she cannot be able to meet up with her duties as the transportation fare will consume 85 percent of her salary.
A trader Mr Vincent Ukaegbu laments that shops are locked and sales had declined following the hardship prevailing in the city, due to fuel subsidy removal.
