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*Checks reveal marketers make over N100 per liter
By Victor Ahiuma-Young
Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has called on Nigerians to hold marketers responsible for the unending fuel scarcity across the country.
This came as Vanguard investigations revealed that marketers make not less than N100 a liter of Premium Motor Spirit, PMS, commonly referred to as petrol.
According to Vanguard’s investigation, the Nigerian National Petroleum Corporation, NNPC, sells at N133 to Marketers. Many of them own depots. Plus or minus, from the Depot, the price rises to N148 per litre.
A source told Vanguard that “These Marketers are the major problem. They don’t import a single litre, they get the product on Credit from NNPC, yet they sell from their depots at N250 per litre making gains of more than N100 per litre.”
As if confirming the development, NUPENG in a statement yesterday by its President and General Secretary, Prince Williams…
Source: Vanguard Newspaper
