NNPCL meet to adjust pump price.



The Nigerian National Petroleum Company Limited (NNPCL), yesterday, announced that it has adopted a new method of supplying fuel across the country, by making the pumping price N148 per litre. 


This came as the independent marketers claimed they have been trying to move the price from N200 per liter, and also they calmed it has been difficult to meet with the demands made by the Department of State Services, DSS, instructing marketers to adjust pump price within 48hours.


The meeting that was held yesterday between marketers and stakeholders, independent markets were specific about the difficulties selling fuel at N170 per litre like their counterparts, the NNPCL, until the issue is resolved within. 


Operations Controller, Independent Marketers Association of Nigeria, IPMAN, Mr. Mike Osatuyi, confirmed the changes , his word : “ Our members have now been allowed to lift petrol at N148 per litre, meaning that we can now reduce our pump prices. We’re committed to working with other parties to tackle the shortage across the country as quickly as possible.“



Also, the House of Representatives called on NNPCL to stop the long scarcity of fuel within the next one week to ease the suffering in the country. 


The motion entitled : “ Urgent Need for the Government to End the Current Fuel Scarcity,” moved by Hon Saidu Abdullahi  under matters of urgent public importance at plenary.



The Niger State lawmaker presented the motion, that in the last few months, Nigerians have been subjected to untold hardships caused by scarcity of fuel and outrageous pump prices, he also blamed that this menace lingering has/is affecting the country. 


“Intelligence reports on current fuel scarcity gathered by our securities agencies indicated ted that there is a deliberate plan by some oil marketers to derail the effort of the government in the distribution of fuel in the country by hoarding the petroleum products and hereby, creating artificial scarcity all over the country…



“While the fuel scarcity is hurting, some major marketers are currently selling fuel at government regulated price, but some independent marketers, who operate in the market have enough petroleum products and selling at unregulated prices. 


“Most of the fuel stations have resulted in selling at N300 per litre. It is observed with dismay that those who are gaining from this artificial fuel scarcity appear to be smiling home as a result of this ugly development and this has the potency to provoke innocent Nigerians  against the government.”



 





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