IPMAN blames private depot owners for hike in pump price of Premium Motor Spirit (PMS) in some parts of Nigeria.
Written by News Room on April 4, 2022
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Tuesday blamed private depot owners for the hike in the pump price of Premium Motor Spirit (PMS) in some parts of Nigeria.
IPMAN’s National President, Mr. Chinedu Okoronkwo, told Newsmen that some of the private depot owners had not reduced their ex-depot price for PMS, also known as petrol.
According to reports, some independent marketers are still selling PMS from between 180 to 200 Naira per litre in their stations, especially in the interior areas of Lagos and Ogun States.
Okoronkwo said the scarcity of PMS experienced across the country in the past few weeks was almost coming to an end.
He advised the Nigerian National Petroleum Company (NNPC) Ltd., to increase the volume of products being supplied to Port Harcourt, Calabar and other coastal areas to ensure a smooth distribution.