The Federal Government, on Wednesday, confirmed that other oil marketers have joined in the importation of Premium Motor Spirit, popularly called petrol, following the recent removal of subsidy on the commodity.
The National President, NOGASA, Benneth Korie, at a press briefing in Abuja, on Wednesday, told journalists that marketers were optimistic that the new foreign exchange policy of the CBN would impact petrol price positively.
“So everybody is watching and that is why it is important for CBN to come up with a uniform price as soon as possible.” “It is not as if they fixed the prices on their own. No they didn’t, rather they only brought out what they will sell. Mind you, the day they removed the subsidy, my own filling station sold petrol at N220/litre for three days before we changed the price,” he stated.
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