June 16, 2024

Illegal levies, forex crisis dey disturb fuel supply – Marketers


Di Depots and Petroleum Products’ Marketers Association of Nigeria don talk say unauthorised fees and levies, and di inability to access foreign exchange by dealers, na di problem wey dey slow di supply and distribution of Premium Motor Spirit.

DAPPMAN Chairman, Winifred Akpani, yarn say to access dollars for operations don be something wey dey impossible for petroleum marketers. Di difference between di Central Bank of Nigeria exchange rate and di parallel market exchange rate still dey wide by di day.

Akpani mention say in additio

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Akpani mention say in addition to core operational expenses wey dey denominated in dollars, petroleum marketers follow dey contend with funds from di same market to pay for fees and levies wey dey charged in dollars.

About di unathorised fees and levies, Akpani talk say marketers dey need to pay between N10,000 and N15,000 for toll gates borders before tanker drivers fit deliver petroleum products to each state of di federation.

This tori dey inside Punch, you fit go read  more of di tori…READ MORE

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