The 100 per cent exploitative hike in price, according to pointblanknews.com investigations, was as a result of demand by petrol consumers from the neighbouring Imo State.
A transporter told our correspondent that motorists from Imo State where petrol sells between N500 and N600 now besiege Umuahia to buy the essential commodity, and are ready to buy it for N400 per litre.
Petrol marketers have been having unresolved issues with the Imo State Government resulting in scarcity of the product, and subsequent increase in price.
Piqued by the governor’s response, the Nigeria Union of Petroleum and Natural Gas Workers ( NUPENG), decided to embargo the entire South-East zone.
When contacted, a top Government source in Umuahia told our Correspondent that the state government was making efforts to resolve the ripple effect of the impasse on petrol consumers in the state.
According to the source, the matter will hopefully be resolved around next week through the intervention of South-East governors.
The source appealed to Abia petrol consumers to be patient as Government intensifies efforts to resolve the debacle.