Confusion as N179/litre fuel price controversy worsens

Confusion as N179/litre fuel price controversy worsens

A document displaying the costs of Premium Motor Spirit, popularly called petrol, in various regions of Nigeria is causing confusion among PMS consumers as the Federal Government remained mute about the matter on Tuesday.

Although some operators in the downstream oil sector alleged that the fuel prices  were approved by government, many others debunked the allegation on the grounds that the document had yet to be confirmed officially.

Oil marketers, however, told our correspondent that the Federal Government might be using the document to test the reaction of the public as touching an official hike in petrol price.

The document, entitled, “PMS Pump Price Adjustment,” described the government-approved N165/litre price of petrol as “old price,” as it went further to outline the new rates for the commodity in different regions of Nigeria.

For the South-West, North-West, North-East and South-South, it outlined the new PMS pump prices per litre in these regions to be N179, N184, N189 and N179 respectively.

The new prices of the commodity per litre in the North-Central, South-East, Abuja and Lagos were put at N179, N184, N174 and N169 respectively.

More

Leave a Reply

Your email address will not be published. Required fields are marked *

Confusion as N179/litre fuel price controversy worsens

 

Log In

Or with username:

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.