By Udeme Akpan & Ediri Ejoh
Barely a week after the Federal Government had slashed the price of petrol from N166 to N162.44 per litre, oil marketers continue to sell the product at between N166 and N170, according to Vanguard investigation.
The investigation showed that the oil marketers, especially members of the Independent Marketers Association of Nigeria, IPMAN, and Major Oil Marketers Association of Nigeria, MOMAN, still sell the product at the old price nationwide.
In an interview with Vanguard, weekend, Chairman of MOMAN, who also doubles as Managing Director, 11 Plc, Mr. Adetunji Oyebanji, said the reduction was not in the best interest of the downstream sector.
But, speaking in a press conference earlier today, first Minister Mark Drakeford said the Welsh Government is hoping to give key workers a chance to celebrate the holiday. There will be people who will be working on this Christmas Day to allow the rest of us to be able to have that day to be with a small number of other members of our family, he said. We are discussing with the TUC (Trades Union Congress) and others whether it would be possible to offer those people who are working on that day any compensatory arrangements. They are reasonably complicated in a practical sense but I can assure you we are discussing them here in the Welsh Government and in response to views put to us by the Wales TUC.
[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)•
Like Buhari, No Minister Has Performed Better, Experts Insist
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.
Petrol Price Cut: Oil marketers still sell at N170 per litre Investigation
On
By Udeme Akpan & Ediri Ejoh
Barely a week after the Federal Government had slashed the price of petrol from N170 to N162.44 per litre, oil marketers continue to sell the product at N170, according to Vanguard investigation.
The investigation showed that the oil marketers, especially members of the Independent Marketers Association of Nigeria, IPMAN, and Major Oil Marketers Association of Nigeria, MOMAN, still sell the product at N170 per litre in many parts of Nigeria.
The marketers argued that they were not officially aware of any reduction, stressing that they were never carried along on the matter.