Nigerian govt blames marketers for hike in petrol price

Ripples Nigeria

The Minister of State for Petroleum Resources, Timipre Sylva, on Tuesday revealed that the federal government was not responsible for the increase in the price of Premium Motor Spirit (PMS), otherwise known as petrol.

According to Sylva, the marketers are responsible as the government still subsidises petrol, with provisions made for the next few months

Speaking at the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) stakeholders’ consultation forum on regulations, Mr Sylva said the marketers mostly to blame.

“I can tell you authoritatively that we have not deregulated,” he said…

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