VANGUARD
MAJOR oil marketers, yesterday, adjusted the price of petrol to N185 per litre, from N169 per litre, in all parts of Nigeria.
Despite the expectation that the new price would encourage supplyto ease out shortage, checks by Vanguard indicated that there were long queues at the outlets of the major marketers that had limited stocks of the product, while those without the product simply shut their gates against customers.
It also showed that there were limited queues at the outlets of independent oil marketers which continued to sell in excess of N300 per litre…
