Petrol Stations Ration Fuel As Marketers Shun Importation

Most filling stations across the country are currently rationing Premium Motor Spirit (PMS), popularly known as petrol as fuel marketers have shunned

Another rumour claimed the federal government was contemplating return of partial subsidy to cushion the effect of rising price of petrol.

A competent industry source however confirmed to our correspondent on phone that depots are apparently getting dry. The source claimed though under deregulation prices wouldn’t continue to go up but the exchange rate and scarcity of forex remain unresolved the price of petrol will continue to go up. Until now, the importation of the product was solely done by the Nigerian National Petroleum Company Limited, NNPCL.

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