Oil marketers have projected that the pump price of petrol could rise above N700 per litre in Northern Nigeria starting from July.

The National Controller Operations, Independent Petroleum Marketers Association of Nigeria, Mike Osatuyi, while speaking to news men on Wednesday said that prices could rise to above N700 in the north once independent marketers start importing products from July.

He said while those living in the northern states could pay as much as N700 and above for one litre of petrol, those outside Lagos should expect to pay around N610, as residents in Lagos would pay about N600 per litre.

“What I am seeing is around N600 and above, depending on the exchange rate, the current crude price at the international market and the landing cost. Those in Lagos will pay around N600, those outside Lagos around N600 plus, while those in the north would be paying anything from N700 and above,” he said.

The downstream sector currently awaits fresh petroleum products as the Nigerian Midstream and Downstream Petroleum Regulatory Authority continues to licence operators willing to get involved in the importation business.

The Executive Secretary, Depot and Petroleum Products Marketers Association of Nigeria, Olufemi Adewole, told news men on Tuesday that... READ MORE

Hope it will favor agbadorians and their family. This is just the beginning

The oil marketers are only trying to frustrate the administration of His Excellence, President Bola Ahmed Tinubu (GCFR)

They will bow anytime soon. No one will give them free money again

Na wa oh.

How will the masses survived this?

Well, keep hope alive. 💪🏽

Hallelujah

Kaycee9242:
Hope it will favor agbadorians and their family. This is just the beginning

That could have been better. But you see, unfortunately it cannot be possible. Everyone will bear the burden.

I thought they said subsidy cost 225. So at worst petrol price should be around 300+ per liter. See i dont trust any politicians and their machineries

Nigeria is a scam

They will tell us another story now

" On your mandate I stand '' crew are exempted. Unreasonable lots.

It will favor me and my family crew will buy at 200

meanwhile some suffering and smiling olodo were predicting it will go below #500.
most of us are against the apc because we want the best for everyone and not just for mocking sake.

Apc supporters will have a different station were it will be sold 187

Lie, it will cost N866 per litre with $1 now at N770

Good one though. People should resort to buying horses and donkeys.

Agbado is a GOAL!!!!

It will favour me and my family even if it is sold for 1k per litre.

Omo tinubu is really working o
thank go say I get my agbado card, tinubu thank you for these luxury life you've given Nigerians 💯

No Problem

Absolute Majority Of Nigerians don tie their Sokoto in preparation for subsidy removal, things might be bad today, but it will get Better Tomorrow.

😫😫😫😫

SangoOlukosoOba:
The oil marketers are only trying to frustrate the administration of His Excellence, President Bola Ahmed Tinubu (GCFR)

They will bow anytime soon. No one will give them free money again

frustrate ehat presidency, what are you even saying or is it not the same tinubu that was among those protesting against fuel subsidy decade ago? Tinubu can not help nigeria am sorry to say that.

SangoOlukosoOba:
The oil marketers are only trying to frustrate the administration of His Excellence, President Bola Ahmed Tinubu (GCFR)

They will bow anytime soon. No one will give them free money again

Ok
Go and buy plenty fuel and keep - if you have the money

visaclick:
frustrate ehat presidency, what are you even saying or is it not the same tinubu that was among those protesting against fuel subsidy decade ago? Tinubu can not help nigeria am sorry to say that.

Leave am make e dey cap from anus

The reasoning ability is beyond kindergarten levels

Parachoco:
No Problem

Absolute Majority Of Nigerians don tie their Sokoto in preparation for subsidy removal, things might be bad today, but it will get Better Tomorrow.

This should be a prayer point. Because everyday that passes by, we get the unexpected from our leaders.

Hmmm

Be prepared

E go favour me and my Family. 🤨 😟

Tinubu is the worst thing to ever happened to this country.

Parachoco:
No Problem

Absolute Majority Of Nigerians don tie their Sokoto in preparation for subsidy removal, things might be bad today, but it will get Better Tomorrow.

hw f0olish can u be. U will soon buy fuel at 1k/ltr. Ode

SEO2002:
hw f0olish can u be. U will soon buy fuel at 1k/ltr. Ode

So why are you crying on my behalf?

Be worried about yourself and your family, I no send a lowlife like you

This will be so in apc states