Is there a hike/scarcity in the price of fuel(PMS) in your country?

[IB D]

I know that the price of crude oil which is the raw material used to get PMS is regulated by OPEC. This implies that any surge in the price of PMS shoudl be experienced world over.

In my country now, there is a scarcity of PMS and it is sold at a high price. Are you experiencing same in your country?

 

[Niyi Briggs]

Subsidy gradually been pull off.

That means when the subsidy is completely removed, we would be in hell. If that's the reality we have to live with, no problem. My only concern is that they should allow cash flow to reach everyone.

 

[Magnus2022]

That means when the subsidy is completely removed, we would be in hell. If that's the reality we have to live with, no problem. My only concern is that they should allow cash flow to reach everyone.

The government is not removing any subsidy. Subsidy is organized crime, it is the political criminals that are still running the business. I doubt if they will spoil their own business.

 

[Niyi Briggs]

The subsidy of a thing is just the more you look, the less you see and understand. The challenge is that the common man bears the brunt of this high cost of living.

 

[cherry123]

I know that the price of crude oil which is the raw material used to get PMS is regulated by OPEC. This implies that any surge in the price of PMS shoudl be experienced world over.

In my country now, there is a scarcity of PMS and it is sold at a high price. Are you experiencing same in your country?

In my location the product isn't scarce but more of hike now and I wonder what is causing that.

 

[IB D]

In my location the product isn't scarce but more of hike now and I wonder what is causing that.

Whereas in my location, it is very scarce and expensive. Black market dealers are having a fill day. One wonders how black market dealers get their supply.

 

[Shavkat]

We are not having the scarcity, but the price is skyrocketing. It is so terrible because the fares of public transportation continues increasing at present.

 

[Reedex]

The pump price of fuel in my country has been increased and it is causing lot of hardship.

 

[IB D]

It has been better this days. There was a bit of price drop and it is readily available in petrol stations. The past few weeks were very terrible because we didn't find a drop to buy