The Federal Government(FG) may spend about N1.68tn as subsidy on Premium Motor Spirit, popularly called petrol, from September to December this year, an analysis of data provided by oil marketers and the sector has shown. PMS dealers stated that the pump price of petrol should be between N890 to N900/litre based on the fall of
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…claim they buy petrol from the depots at between N235-N240 per litre Oil marketers have accused the Nigerian National Petroleum Company Limited, NNPCL, of playing politics with petrol supply process and making vain promises. The Independent Petroleum Marketers Association of Nigeria, IPMAN, said they are yet to receive product supply, despite the assurances from the Managing
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