Petrol: PENGASSAN Wants Licences Of Marketers Selling Above Pump Price Revoked Columns CoverStories News PENGASSAN
President Muhammadu Buhari had last Tuesday approved the constitution of a 14-man steering committee to enforce petroleum products supply and compliance with official prices.
“The national leadership of PENGASSAN has been following up with our members in NNPC Trading Limited who are responsible for assigning the products to marketers and our teeming members from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, The union added that even though some good marketers tend to play by the rules, others have deployed methods of creating artificial scarcity in order to hike the price of the product uncontrollably, with the product now selling between N185 to N650 depending on location and outlet.
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