Fuel Price: Marketers seek N100bn intervention from Nigerian government

Petroleum marketers have articulated their request for a N100 billion intervention from the Nigerian Government, aimed at preventing business collapses in the wake of rising Premium Motor Spirit prices. Oil marketers are currently awaiting a favorable response from the government regarding their appeal for this substantial intervention fund. In an exclusive interview with DAILY POST…

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Marketers reveal why NNPCL increases fuel price

Petroleum marketers have stated that the Nigerian government has entirely eliminated the subsidy on Premium Motor Spirit (petrol), which has led the Nigerian National Petroleum Company Limited (NNPCL) to raise the price of petrol to N1,030 and N998 per litre in Abuja and Lagos, respectively. Chinedu Ukadike, spokesperson for the Independent Petroleum Marketers Association of…

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