JUST-IN: NNPC New Charges May Trigger Increase In Petrol Pump Price

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There are strong indications that pump price of Premium Motor Spirit (PMS) popularly known as petrol will be raised by marketers. This is coming as the nation

Our source revealed thar the process of treating the off-spec PMS is on-going as advised by chemists and analytical laboratories as sludge extracts are being processed and disposed off without any harm to the environment.The source, however, said that the Petroleum Products Marketing Company brings in cargoes for above process and for distribution to the buying public but they need to do much more.

“For instance, a newly introduced cost is the bill of N500k imposed on marketers by NNPC for the ‘daughter vessel’ Bill of Lading/co-ordination fee!!!

 

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Hmmm....its okay....I hope we survive this year.

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