PENGASSAN to NMDPRA: Revoke licences of erring marketers | Petrol price hike not justified

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PENGASSAN to NMDPRA: Revoke licences of erring marketers | Petrol price hike not justified
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TOP STORY: PENGASSAN to NMDPRA: Revoke licences of erring marketers | Petrol price hike not justified | TheCable

The Petroleum and Natural Gas Senior Staff Association of Nigeria says there is no basis for the current scarcity and price increase of premium motor spirit across the country.said data made available to the union showed there was over 30 days PMS sufficiency in the country.The association regretted the hardship that Nigerians were being subjected to as a result of the scarcity and price increase.

“However, there is no sufficient justification for petrol to be selling for such highly inflated price, thereby subjecting the masses to further difficulties.”to compel all marketers and retailers to make the products available at the approved price. To act as a deterrent, PENGASSAN asked the authority to revoke the licenses of marketers who fail to comply.

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