Fuel station downsize over poor sales
A busy filling station in Bwari Area Council, shadow of itself, poor sales due to subsidy removal. The aftermath of the federal government’s decision to remove fuel subsidies two months ago continues to reverberate across the nation, causing significant changes for entrepreneurs. With the government no longer shouldering the cost , the burden has shifted, resulting in a staggering increase in the price of petrol from N190 to a N617. Filling station proprietors find themselves at the forefront of this economic shift, grappling with the task of adjusting their pricing structures to align with the new reality. This adjustment has had a direct and notable impact on consumer behaviour, leading to a pronounced decrease in demand and subsequently, lower sales volumes. A survey across the Federal Capital Territory paints a stark picture. While petrol remains available at most stations, the consumer landscape has transformed. Motorists, once accustomed to topping off th...