Nigerians are likely to face more trouble as the Independent Petroleum Marketers Association of Nigeria turned down the ex-depot price of Premium Motor Spirit by the Nigerian National Petroleum Company Limited (NNPCL).
The marketers, owing about 70 percent of filling stations across Nigeria, are threatening to stop operations if NNPCL refuses to review its new petrol ex-depot price of N1,010 per liter.
The NNPCL on Wednesday announced an increase in pump price of petrol across its retail outlets nationwide to between N998 and N1,030 per litre in Abuja and Lagos State.
The company also reiterates that it will sell between N1,040 to N1,010 prices per liter to marketers.
Reacting, the spokesperson of IPMAN, Chinedu Ukadike stated in an interview with DAILY POST on Friday that the ex-depot petrol prices announced by NNPCL showed that the company is poised to pile up more suffering on Nigerians.
He also stressed that IPMAN members will not consent to a petrol price higher than what NNPCL sells at its retail outlets.
“NNPCL is selling ex-depot in Port Harcourt at N1045 per liter, Calabar (N1040), Lagos (1010).
“We refuse the price by NNPCL. We cannot comply with the price. We will not lift NNPCL petrol, we are not interested.
“NNPCL will continue to suffer the masses. They are selling N998, why are they selling to us above the price they are selling to IPMAN members at N1010, by the time logistics cost is added, the petrol price will get to N1200,” he stated.
With the development, the possibility of Nigerians facing another fuel scarcity nationwide looms.
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