Petrol Marketers, IPMAN Kick Over Extortions At Nigerian Depots Causing Fuel Price Hikes At N200 Per LitreThe Independent Petroleum Marketers Association of Nigeria, on Monday, threatened to withdraw its service over incessant increment on the price of the premium motor spirit in parts of the country.According to them, they were buying from depots at N185 per liter, noting that after adding other expenses, the price would increase to N200 per litre.
They implored the Federal Government to revive all NNPC depots within the Eastern zone to enable them get the premium motor spirit at a regulated price. The statement added, ”It is no longer news that premium motor spirit, known as petrol, is sold at N200 per litre in the Eastern part of Nigeria, including Port Harcourt, Enugu, Owerri, Awka, Uyo, Cross River, Aba, Yenagoa, Makurdi, Lokoja. The real cause of hike in price is the incessant increment in price of premium spirit from private depot owners. A litre of fuel is being sold to us at the rate of N185 per litre.
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