Marketers notify FG on planned fuel price hike, queues persist

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Oil marketers on Thursday said they had escalated their call for an increase in the pump price of Premium Motor Spirit, popularly called petrol, to the Federal Government, as the current cost of the commodity was no longer sustainable.

Also, PMS transporters confirmed that they had resumed operations in full following last week’s raise in the freight rate being paid by the Federal Government for the transportation of petrol nationwide.

“The current pump price is no longer sustainable and we have made this know to the government. However, we must acknowledge the efforts of the Nigerian National Petroleum Company Limited in ensuring product availability,” he stated. “If not our construction companies, industries, hotels, etc, will all come to a stand still because they will not be able to buy diesel. You use diesel to get fuel to fillings stations, you use it to run the generators of various businesses in Nigeria because there is no light across the country. So this is the only way out.”

 

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But this government said subsidy was a scam and that fuel will be sold at what rate? Please can somebody help me!

Buhari should just march all Nigerians to slaughterhouse

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