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Petrol Marketers Direct Members To Sell Petrol At N162 Per Litre - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsPetrol Marketers Direct Members To Sell Petrol At N162 Per Litre (350 Views)

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Petrol Marketers Direct Members To Sell Petrol At N162 Per Litre by esardy(op): 10:23pm On Sep 02, 2020
It is imperative that the federal government had increased the price of petrol which makes the association involved too gave a price for it’s members.

Here is the details of the story :

TheIndependent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members in the Southwest region of the country to begin sales of the Premium Motor Spirit (PMS) popularly referred to as petrol at N162 per litre.
The southwest Zonal Chairman of IPMAN, Alhaji ‘Dele Tajudeen in a telephone chat with journalists in Abeokuta, the Ogun state capital, said his members would be left with no other option than to dispense the product at a price of N162.

Tajudeen said, the directive followed the increase in the deport loading price of the product by the federal government, which placed a new price regime of the product at N151. 56k.
Read the full story on :
https://esardyservices.com/2020/09/02/petrol-marketers-direct-members-to-sell-petrol-at-n162-per-litre/

Re: Petrol Marketers Direct Members To Sell Petrol At N162 Per Litre by Macphenson: 7:26am On Sep 03, 2020
Interesting
Re: Petrol Marketers Direct Members To Sell Petrol At N162 Per Litre by realstars: 7:30am On Sep 03, 2020
Next Level For The Marketers.
Re: Petrol Marketers Direct Members To Sell Petrol At N162 Per Litre by ggirl4real: 8:16am On Sep 03, 2020
Nigerians should brace up for harder times ahead.

The price of every commodity is skyrocketing including food items.
Re: Petrol Marketers Direct Members To Sell Petrol At N162 Per Litre by Unigrad: 9:14am On Sep 03, 2020
People will still support APC and buhari?
Re: Petrol Marketers Direct Members To Sell Petrol At N162 Per Litre by obailala(m): 10:37am On Sep 03, 2020
Unigrad:
People will still support APC and buhari?
What has this increase got to do with Buhari or APC? Subsidy payment has been stopped; did you expect pump prices to remain the same despite fluctuations in global crude prices?

What are Nigerians so ignorant of what subsidy means?
Re: Petrol Marketers Direct Members To Sell Petrol At N162 Per Litre by Unigrad: 5:54pm On Sep 17, 2020
obailala:
What has this increase got to do with Buhari or APC? Subsidy payment has been stopped; did you expect pump prices to remain the same despite fluctuations in global crude prices?

What are Nigerians so ignorant of what subsidy means?
Since the removal of subsidy, what have they used the money for? Are we not still borrowing to find out budgets? The billions spend on refineries that have not produce a liter of fuel? What about the NDDC drama?
I fully understood what subsidy removal means, my question is, the money that will not be pay as subsidy, what has it been used for?
1 Reply

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