The Independent Petroleum Marketers Association of Nigeria, on Monday, threatened to withdraw its service over incessant increment on the price of the premium motor spirit in the Eastern part of the country.
The marketers, in a statement, blamed private depots for the hike in price. According to them, they were buying from depots at N185 per liter, noting that after adding other expenses, the price would increase to N200 per litre.
The marketers regretted that even at N200 per liter, their businesses could not thrive considering the high cost of diesel to power the station and the exploitation from private tank depot owners and NUPENG.
They implored the Federal Government to revive all NNPC depots within the Eastern zone to enable them get the premium motor spirit at a regulated price. They also sought the intervention of the Nigerian Labour Congress in appealing to NUPENG to reduce the loading fee.
The statement added,” It is no longer news that premium motor spirit, known as petrol, is sold at N200 per litre in the Eastern part of Nigeria, including Portharcourt, Enugu, Owerri, Awka, Uyo, Cross River, Aba, Yenagoa, Makurdi, Lokoja.
