The party in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, in Abuja said any contemplation to increase pump price of petrol to N212 would worsen the economic and social situations of Nigerians.
No hike in petrol price for now – Marketers
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Major Oil Marketers Association of Nigeria (MOMAN) and Independent Petroleum Marketers Association of Nigeria (IPMAN) say there is no hike in the pump price of Premium Motor Spirit (PMS) or petrol.
The groups confirmed the development in separate interviews with the News Agency of Nigeria (NAN) on Friday in Lagos while reacting to reports that the price of PMS has been increased to N212.61 per litre.
Currently petrol sells at N162 and N165 per litre at most filling stations across the country.
Mr Clement Isong, the Executive Secretary, MOMAN, told NAN that the association had received communication from the Nigerian National Petroleum Corporation (NNPC) that there should be no price increment for PMS.
Happening Now: Motorists besiege Abuja stations as petrol sells for N212/litre
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By Obas Esiedesa
Petrol queues re-emerged in Abuja, the nation’s capital and its environs on Monday, following the release of a new petrol pricing template by the Petroleum Products Pricing Regulatory Agency, PPPRA, with most stations selling above N200 per litre.
Despite assurances by the Nigerian National Petroleum Corporation, NNPC that there would be no increase in ex-depot price, the new N212.61 per litre template triggered massive rush to filling stations by motorists.
Checks around adjoining towns showed that most stations had adjusted their pump price to between N200 and N212 per litre.
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Ada Wodu, Calabar
Published 12 March 2021
Chairman, Independent Petroleum Marketers Association of Nigeria, Cross River State Chapter, Mr Robert Obi, has kicked against the proliferation of illegal fuel stations in the state.
He spoke when IPMAN paid a courtesy visit to the new Operations Controller, Department of Petroleum Resources, Cross River office, Mr George Ene-Ita.
Obi said that the process of being a petroleum product marketer and getting DPR licence was difficult and expensive, saying it was wrong for one to get all the certification only to see someone open an unlicensed and uncertified station beside their own.