Difficulty in landing products may have caused petrol price hike, says PETROAN

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Difficulty in landing products may have caused petrol price hike, says PETROAN
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The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has attributed the recent hike in the pump price of petrol to the difficulty in landing the premium motor spirit (PMS).

The Petroleum Products Retail Outlets Owners Association of Nigeria has attributed the recent hike in the pump price of petrol to the difficulty in landing the premium motor spirit .

“What I can tell you is once there is difficulty in landing products by NNPC and the size of shock absorbing that they can do becomes overwhelming, they will certainly shed some of the loads,” he said.In Lagos, petrol prices jumped to N998 per litre while in Abuja, the price rose to N1,003.announced estimated pump prices

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