Fuel imports gulp N843bn, stakeholders lament inactive refineries
The Nigerian National Petroleum Company Limited may be spending about N843bn monthly on the importation of Premium Motor Spirit,
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The Nigerian National Petroleum Company Limited may be spending about N843bn monthly on the importation of Premium Motor Spirit,
Checks by one of our correspondents revealed that the few filling stations that sold fuel on Sunday had jacked up their various pump prices to as much as N630/litre, as black marketers that hawked the commodity in jerrycans sold theirs at about N850/litre.
As queues resurface at filling stations in the Federal Capital Territory, some marketers have begun adjusting their metres, as some have
Daily Post Nigeria Published The scarcity of Premium Motor Spirit (PMS), petrol, currently ravaging the Federal Capital Territory, FCT, Abuja has partially shut down movements and economic activities in the city. DAILY POST had reported that commuters and car owners were on Monday stranded in the city as fuel scarcity imposed further hardship on residents. It was also reported that the few stations selling were dispensing above the normal pump price as metres were adjusted to N165 as against N160 or N163 being the case earlier. Further check by DAILY POST correspondent who monitored the marke...