Thursday, May 28, 2015

#Nigeria: Petrol sells for N110 at depots

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Tankers loading petrol from depots in Apapa, Lagos are currently paying between N90 and N110 per litre instead of the N82 before the advent of the current scarcity of the product in the market.
This, according to market sources, is the reason behind the.....
high prices for which the product is selling at filling stations across the country.
Since the National Association of Road Transport Owners and the Petroleum Tanker Drivers’ arm of the Nigeria Union of Petroleum and Natural Gas Workers called off their strike, which was called to protest the debts owed their members by the petroleum product marketers, nearly all the filling stations have refused to sell petrol at the official pump price of N87 per litre.
The product is currently being sold for between N150 and N200 per litre.

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