Daily Post Nigeria
Published
The IPMAN Chairman in Kano, Alhaji Bashir Dan-Malam gave the directive during a news conference in Kano.
He said the directive followed the reduction of the price by Nigerian National Petroleum Corporation (NNPC) from N153.17 to N148.17 per litre with effect from Monday.
DAILY POST recalls that the Federal Government reduced the price from N168 per litre to N162.44 per litre following dialogue with labour.
He noted that the marketers have no option than to also reduce the price of the commodity at their filling stations since the Federal Government had reduced N5.
He said: “I am therefore directing our members in the Kano zone to commence the sale of the commodity at N162.44 per litre from today in compliance with the government’s directive.
Daily Post Nigeria
Published
Good morning! Here is today’s summary from Nigerian Newspapers
1. The Speaker of the Kano State House of Assembly, Abdulaziz Garba Gafasa and the House Majority Leader, Kabiru Hassan Dashi, have resigned their positions.
Member representing Doguwa, Salisu Ibrahim Riruwai, who confirmed the resignation of the duo, said no specific reason has been given for the decisions.
2. The Nigerian Army on Monday night confirmed that 333 students are still missing after suspected bandits attacked Government Science Secondary School, Kankara, Katsina on Friday night and successfully abducted the schoolboys.
Major General John Enenche, the Coordinator of Defence Media Operations, made this known.
Fuel Price: MOMAN, DAPPMAN want full deregulation, forex access
On
By Sebastine Obasi
Major Oil Marketers Association of Nigeria, MOMAN and Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, last weekend, called for full deregulation and unfettered access to foreign exchange, FOREX, from the Central Bank of Nigeria to enable them petrol available to every nook and cranny of the country.
This is coming on the heels of the N5 per litre slash in the price of petrol scheduled to take effect from today, Monday, December 14, 2020.
Chairman DAPPMAN, Mrs. Winifred Akpani, said; “the inability to source FOREX from the official CBN FOREX window by independent marketers is continually hindering the effectiveness of the principles of demand and supply market forces to correct the current inefficiencies in the pricing mechanisms adopted in the deregulation process.”
Outrage As Filling Stations Refuse To Comply With N5 Reduction In Petrol Price
By Idowu Maryam
Despite the order from the Federal Government on December 8th, for a slash in the pump price of Premium Motor Spirit (PMS), known as petrol by N5 from Monday, motorists have continued to express frustration as most filling stations are yet to comply with the order.
The Breaking Times learnt that the two filling stations in front of the headquarters of the Nigerian National Petroleum Corporation in Abuja, Conoil and Total, are selling PMS at N166.5 and N168 per litre respectively.
Other stations like NIPCO, AA Rano and DanOil, sold at prices above N162 per litre as at Monday while NNPC filling stations in Abuja are selling at the new rate.
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’Femi Asu and Okechukwu Nnodim
Oil marketers, on Monday, failed to adjust the pump prices of Premium Motor Spirit (petrol) at their filling stations to reflect the N5 reduction announced by the Federal Government last week.
After meeting with officials of labour unions in Abuja last week, the Minister of Labour and Employment, Dr Chris Ngige, announced that all parties resolved that the price of petrol be reduced by N5 per litre with effect from December 14.
But filling stations visited by our correspondents in Lagos, Abuja, as well as parts of Niger and Nasarawa states on Monday were still selling the petrol at between N163 and N168 per litre.