Fuel Queue Disappear As Petrol Price Goes To ₦185 Per Litre

 


Fuel scarcity is no longer a new thing to Nigerians. It occurs on a regular basis in the country. 

Few weeks ago, we brought report of fuel scarcity in Lagos State and other parts of the country. Well, the queues at different fuel stations caused by the fuel scarcity are gradually dispersing. This is as a result of the unanimous decision of independence marketers to increase there fuel price to ₦185 per little.


Premium Motor Spirit (PMS) is not being sold to motorists at varying prices ranging from ₦180 to ₦250 across all states of the federation, including Lagos and Abuja. Even some NNPC outlet are selling above the official pump price as reported by Punch.


On Wednesday, the Nigerian Mainstream and Downstream Regulatory Authority, NMDPRA, stated that they are meeting IPMAN members to discuss issues bordering on PMS pump price, payment of subsidy claims among other issues affecting the downstream sector. 


Related Post: How to start diesel (AGO) marketing and distribution business in Nigeria without capital



But the marketers are saying that they are not aware of any such meeting and they have not been informed. The marketers said as long as NNPC are the sole importer of PMS, the issue of scarcity will continue in Nigeria. They further call on the government to fix Nigeria refineries to help resolve the issue.


However, the regulatory authority, NMDPRA has not issue any statement as regards to the increase in the pump price of petrol as directed by the marketers, signalling that the government may not be against the increase in the price of the product.





Location: Nigeria

Comments

Post a Comment

Popular posts from this blog

Wizkid And Tiwa Savage Settles Their Differences

Image
Two of the Nigerians pop stars Wizkid and Tiwa Savage where seen together again after more than a year.  From the video making around on the internet, Star Boy singer was seen headed to Tiwa Savage backstage where they both embraced each other in Germany, signalling an end to their year long rift. Wizkid was also seen dancing as Tiwa performs on stage. According to some News source , the rift between them was cause by inability of Tiwa to congratulate Wizkid publicly on his 30th birthday in 2020. Related post: Why R Kelly was sentence to prison Prior before then, the duo have been seen in many occasions where they mingle with each other like two lover birds, sparking dating rumors. This was quite evident in some of the songs they did together such as "Ma Lol"  "Fever" and "Dis Love".
Read more

Rivers United Football Club Players Get $20,000 Each

Image
  The Executive governor of Rivers State, Nyesom Wike has gifted the players of Rivers United Football Club the sum of $20,000 (around ₦12m) for lifting the trophy and finishing top of Nigerian Professional Football League.  The governor made the promise today in the government house at event organised to receive the players, coaches and the supporters club. He thank the players, coaches and the supporters club for doing their job effectively and noted that they all did their job well. Also Read: NNPC Bow A Profit Driven Company With Over 200 million shareholders The governor further promise additional $40,000 if the club make it past the group stage of CAF champions league next season. In addition, the club will travel to Real Madrid Football Club in Spain for intensive 2 weeks pre-season training.  Recall something last  year, the governor commissioned Real Madrid Football Training Academy in the state. This is the first time, the club is lifting the trophy in th...
Read more

Camon 19 Full Spec: Tecno Unveils High Tech Smartphone

Image
  Tecno mobile recently unveiled their new Android smartphone of Camon series called Camon 19. The phone boost as a high tech smartphone with lots of smart and innovative features, bigger storage and  battery capacity, as well as higher processing speed. The design is unique with shape like that of iPhone 13 pro but with a more slimmer and beautiful design. Below are some of the specifications of the phone. Spec : Colour Availability: Polar Blue Eco Black Camera : 32MP front camera and 64MP Triple Bright back camera with flash light. Thickness : The 0.98mm Slimmest Bezel Display Size : 120Hz FHD+ High Gamut Display (6.8") Battery capacity : 5000mAh Processor : Hello G96 Octa-Core Memory : 256GB+8GB Memory Thickness : 166.79 74.55 8.58mm Sensors : Ambient light and distance sensor, G-sensor and on the screen mounted fingerprint sensor. Android version : Android 12 Connectivity : NFC, GSM, Bluetooth, 2G, 3G, 4G, 5G. USB : Type C Pack Content : 1 phone, 1 cable and one charger ...
Read more