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Home Energy

Petrol black marketers’ surface in Abuja, supply drop continues

Business 360 by Business 360
November 22, 2021
in Energy
0

The irregularities in the supply of Premium Motor Spirit, popularly called petrol, took another turn on Sunday as black marketers of the commodity surfaced on roads in the Federal Capital Territory.

Oil marketers stated that concerns in the downstream arm of the sector had yet to be addressed despite clamors by operators, maintaining that petrol price would go up if the issues were left unattended.

But the government, through its Nigerian Midstream and Downstream Petroleum Regulatory Authority insisted that it would not allow a hike in the cost of PMS regardless of the concerns raised by marketers.

Most petrol stations were shut on Sunday along the popular Kubwa-Zuba Expressway in Abuja, while black marketers were seen in front of some of the outlets selling petrol in jerry cans.

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