A pump attendant dispensing petrol. PHOTO: FEMI ADEBESIN-KUTI
A Former President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has faulted the Petroleum Retail Outlets Owners Association of Nigeria (PETROAN) for announcing an increase in the pump price of gasoline.
Mr Peter Esele told a correspondent of the News Agency of Nigeria (NAN) in Benin on Saturday that PETROAN had no right to increase petrol pump price unilaterally.
On Feb. 8, the President of PETROAN, Dr Billy Gillis-Harry announced an increase in the retail price of fuel from N160 to N178 per litre. x
Findings by NAN correspondent showed that although filling stations in Benin had adjusted their prices upwards, none is selling for as high as N178 as announced by Billy Gillis.
A former Trade Union Congress president, Peter Esele, said the recent announcement of increment in fuel pump price by Petroleum Retail Outlets Owners Association of Nigeria (PETROAN) showed that the federal government is still subsidising petrol.