CSOs warn petroleum marketers against hike in pump price | TheCable

Nigeria News News

CSOs warn petroleum marketers against hike in pump price | TheCable
Nigeria Latest News,Nigeria Headlines
  • 📰 thecableng
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 80%

A coalition of civil society organisations (CSOs) have threatened to picket filling stations who plan on selling premium motor spirit (PMS) better known as petrol for N700 per litre.

A coalition of civil society organisations says it will mobilise Nigerians for a protest if petroleum marketers jerk up the pump price of petrol to N700 per litre.

Mike Osatuyi, national controller of operations, Independent Petroleum Marketers Association of Nigeria , had said the price of petrol could rise above N700 per litre in parts of the north from July. “What I am seeing is around N600 and above, depending on the exchange rate, the current crude price at the international market and the landing cost,”

In a statement on Friday, Basil Yelwa Musa, Haruna Maigida, and Ayo Temi Adebayo, the CSO’s convener and co-conveners, said the proposed price increase by IPMAN is not acceptable.“As a coalition of civil society organisations, we are monitoring events and the proposed fuel pump hike to N700 per litre by the Independent Petroleum Marketers Association of Nigeria is unacceptable,” the statement reads.

“If the government derelicts in cautioning the IPMAN, we see it as a deliberate collusion to drive Nigerians into unmitigated difficulties and as CSOs, we will not sit and watch that happen.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

thecableng /  🏆 2. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Marketers project N700/litre petrolMarketers project N700/litre petrolOil marketers have projected that the pump price of petrol could rise above N700 per litre in Northern Nigeria starting from July.
Read more »

Nigerian Petrol Marketers Project N700 Per Litre As Importation Starts July | Sahara ReportersNigerian Petrol Marketers Project N700 Per Litre As Importation Starts July | Sahara ReportersNigerian oil marketers have projected that the pump price of petrol could rise above N700 per litre in the northern region of the country starting from July. The National Controller Operations, Independent Petroleum Marketers Association of Nigeria, Mike Osatuyi, said in an interview on Wednesday that prices could rise to above N700 in the north once independent marketers start importing products from July.
Read more »

CSOs, IPMAN set to clash over planned increase of fuel pump priceCSOs, IPMAN set to clash over planned increase of fuel pump priceA coalition of civil society groups on Friday vowed to mobilise Nigerians to the streets if the Independent Petroleum Marketers Association (IPMAN)
Read more »

Newspaper Headlines: N610 in Lagos, N700 in northern Nigeria… marketers project further increase in petrol pump price | TheCableNewspaper Headlines: N610 in Lagos, N700 in northern Nigeria… marketers project further increase in petrol pump price | TheCableReports on Eid al-Adha celebrations and state of the economy dominated the cover pages of Nigerian newspapers.
Read more »

AfCFTA fulfillment of my father's pan-African vision, says Samia Nkrumah | TheCableAfCFTA fulfillment of my father's pan-African vision, says Samia Nkrumah | TheCableSamia Nkrumah, daughter of Kwame Nkrumah, Ghana’s former president, says the establishment of the African Continental Free Trade Area (AfCFTA) was a fulfillment of her father’s pan-Africanist vision. Nkrumah spoke
Read more »

Arsenal sign Kai Havertz from Chelsea for £65m | TheCableArsenal sign Kai Havertz from Chelsea for £65m | TheCableKai Havertz has left Chelsea to join Arsenal in a deal reportedly worth £65 million.The deal, announced by Arsenal on Wed
Read more »



Render Time: 2025-04-05 03:37:34