Wednesday, July 22, 2026

Marketers wrong to increase fuel price after Tinubu’s inaugural speech: Sanwo-Olu

The governor described the sudden hike in petrol price as ‘unfair’, adding that it was too “early in the day for people to begin to second-guess our new president.”

• May 30, 2023
Governor Babajide Sanwo-Olu
Governor Babajide Sanwo-Olu

Governor Babajide Sanwo-Olu of Lagos on Tuesday berated fuel marketers for hiking the price of petrol following the inaugural speech of President Bola Tinubu on Monday.

Mr Sanwo-Olu who accused the marketers of taking undue advantage of Nigerians by hiking fuel prices, expressed his displeasure when he paid a surprise working visit to civil servants at the state secretariat in Alausa, Ikeja.

The governor was accompanied by Deputy Governor Obafemi Hamzat, and taken round by the Head of Service (HoS), Hakeem Muri-Okunola.

He described the sudden hike in petrol price and attendant queues as ‘unfair’, adding that Nigerians’ need to be sincere enough.

“I think it’s so early in the day for people to begin to second-guess our new president.

“This is a pronouncement, and I think it’s unfair on all of our major marketers to want to begin to seize opportunity in area where there is none.

“We all need to be sincere in this country, if we really want to get things done, let us know that we might need to belt up a little bit, but it’s really so that we have a better life down the line.

“There is nothing that has changed in that pronouncement that should have caused the queue. I am sure that the Federal Government that we have would be able to rise up and be able to deal with it.

“I will encourage everyone to be law abiding, to go about their normal business, and things will certainly turn out for the better for us,” Mr Sanwo-Olu said.

Recall that long queues resurfaced at some fuel stations in Lagos metropolis on Monday, with motorists in panic buying across the state.

It came hours after the new President, Bola Tinubu, said that “fuel subsidy is gone”, which made some stations to also shut their pumps.

A visit to some areas such as Ikeja, Ojodu, Epe, Ikorodu, Ketu, Maryland, Bariga and Ikorodu Road, among others, revealed long queues, while some stations were shut, resulting in gridlock.

(NAN)

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