Fuel scarcity hits Calabar; N500/litre

Vanguard 

Motorists and commuters in Calabar, are feeling the biting effect of scarcity of Premium Motor Spirit (PMS) that suffaced in the capital city of Cross River about two weeks ago.

The development has caused untold hardship to residents of the city as transport fare as well as prices of goods and services have been hiked.

However, the situation worsened in the last two days as commuters have resulted to trekking the distance to their destinations since motorists have pulled their vehicles off the road.

Motorists now charge between N150 to N250 on routes that used to cost between N50 and N100.

The worsened situation, however, has increased the activities of blackmarket dealers, who have seized the opportunity to make bricks business.

While the few filling stations that have stock of the product dispense at between N450 to N500 per litre, in blackmarket costs between N650 to N700…