Expect To Pay N195 Per Litre For Petrol, Marketers Tell Nigerians
By Iniobong Etukudo
1 week ago
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Members of the independent petroleum marketers association of Nigerians to expect a higher petrol pump price in the coming days,saying the price may rise to N195 per litre.
they lamented what they descrobed as "inconsistentecy" on the part of the federal government,Nigerian national petroleum cooperation and it's subsidiary,the pipeline and products marketing company(PPMC) on deregulation policy.
NNPC had last week ruled out immediate out price rise untill a schedule meeting between the federal government and labour unions at the end of the month.
But IPMAN member have revealed that petrol may sell between N190 and N 195 soon.
They said despite NNPC assurance of product availability, independent marketers could not access the product from NNPC depots forcing them to rely on independent depot owners for supplies.
speaking to journalist after a meeting in Abuja at the weekend, chief executive officer of kankada, accused the government of giving the private depot owners edge over independent marketers.
He said " with the inconsistentecies of government, nigerians should expect the price of fuel to be between N190 to N195.
Also speaking,chief executive officer of foster nigerians limited, chief Austin Erhabor, urged the minister of petroleum resources,CheifbTimipre sylvia through NNPC to come out clear to explain to Nigeria whether they have deregulated the petroleum supply chain or not.
"It is time for them to separate politics from economics , our business is dying. how can you be talking about deregulation and you are mentioning official pump price" he queried.
Erhabor exonorated petroleum marketers in the outgoing uncertainty in the supply chain, saying the sector is suffering from confusing government policies.