Hardship: Varsity/Poly Graduates Turn ‘Black Marketers’ On PMS
Apparently, owning to secularism and widespread hardship in the country, jobless Nigerian university and polytechnics graduates have joined the bandwagon of illegal sale of Petroleum Motor Spirit (PMS), a business that is otherwise known as ‘black marketers.’
Investigations reveal that undergraduate jobless youths, who cut across all fields of disciplines, were allegedly induced by the increase in the sale of litres of PMS, and the bumper profit made due to scarcity of the product in many parts of the northern states.
It is also revealed that Kano, Plateau, Kebbi, Jigawa and Kaduna states were the worst hit in the sales boom due to the scarcity and high demand for fuel orchestrated by the ban imposed on black marketers.
Our correspondent, who monitored the situation from Kano, gathered that four litres of fuel sold for as high as between N2000-N2500 in most parts of the northern states, prompting every jobless man and woman, young and old, including the unemployed graduate, to swing into the business.
Some, according to findings, had to maintain vehicles loaded of the gallons of fuel in their hideout and stay vigil on the roadsides to attract customers, who had to beg to purchase even at exorbitant price.
The situation deteriorated so much so that some states were forced to reverse the trend on ban when noticed of the sudden increment caused by the otherwise ban. As at last count, fuel scarcity situation remains a nightmare in northeast and northwest Nigeria as most filling stations experienced long queues.
Undergraduates of BUK, ABU, Kadpoly, other black marketers, who spoke to our reporter in confidence attributed their action to hardship as well the amazing profit margins involved in the deals. Indeed, sale of fuel in jerricans, which had earlier been prohibited, has been relaxed – a situation that many have described as ‘police somersault’ in enforcing the ban on jerricans, and which has given room for illegal sale of the commodity to resume unabated.