Marketers dare FG, sell petrol at N167Nigeria — The Guardian Nigeria News – Nigeria and World News


[FILES] A motorist drives into a fuel station to buy fuel at Ojodu Berger district of Lagos, on September 8, 2020. – The Nigerian government has dumped a decade-long pricing regime for petrol and electricity allowing marketers to fix prices resulting in anger and tension in the oil-rich Africa’s most populous country of 200 million people. (Photo by PIUS UTOMI EKPEI / AFP)

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Petroleum arketers in some parts of the country have failed to adjust the pump price of Premium Motor Spirit (PMS) better known as petrol to N162, despite agreements between Federal Government and the organised labour to that effect.

Six days after the announcement of the new template, which removed N5 from the previous price of N166 per litre, the product is still selling at between N166 to N170 per litre in most fuel stations across the country.

Furious over the repeated hike in petrol price, the organised labour, especially the Nigerian…

Source: Guardian Newspaper