Polls controversy: Fuel hit N300/litre as marketers stop to dey load
Oil marketers, on Tuesday, yarn say fuel marketers don stop to dey load Premium Motor Spirit, wey dey known as petrol, due to di worry wey collation of results of di general elections cause across di country.
E dey gathered say as filling stations operated by major marketers and di Nigerian National Petroleum Company Limited were dey sell petrol between N194 and N200/litre, other outlets wey dey operated by independent marketers dey nsell di product between N250 and N340/litre.
Dis na despite say di Federal Government yarn say dem no approval for increase in di pump price of petrol, join with di government’ demand say make PMS no sell above di approved rate.
Dem bin don tok say government no go approve any increase of PMS (price) secretly without due consultations with di relevant stakeholders.
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Also, di President neva direct di Nigerian Midstream and Downstream Petroleum Regulatory Authority or any agency for that matter to increase di price of fuel. Dis time no be di best time for any increase in pump price of PMS. Di Minister of State for Petroleum Resources, Chief Timipre Sylva, na hin tok dis one.
E dey believed say NNPCL retail stations dey sell PMS at di approved price. Plenty of dem sell di commodity at N194 or N195/litre, but independent marketers dispense di product far higher than dis rate.
Dis dealers yarn say plenty depots and marketers don stop to load fuel because of di worry from di general elections and di collation of results from di process by di Independent National Electoral Commission.
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