N650 petrol: PENGASSAN plans clampdown on marketers

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The Petroleum and Natural Gas Senior Staff Association of Nigeria, on Monday, raised the alarm that their findings showed that the price of Premium Motor Spirit, popularly called petrol, had risen to as high as N650/litre in some locations.

“While we understand that the parameters imputed into the old PPPRA and now NMDPRA template has since changed because of some economic vagaries such as exchange rate fluctuation, vessel hiring cost and cost of diesel, among others, there is no sufficient justification for petrol to be selling for such highly inflated price, thereby subjecting the masses to further difficulties,” the association stated in a statement jointly signed by its President, Festus Osifo, and Secretary, Lumumba Okugbawa.

The union stated that from data available to PENGASSAN from its members, there was over 30 days PMS sufficiency across the country, hence there was no basis for the current scarcity and hardship that Nigerians were being subjected to. “They should immediately mobilise all their staff in various locations across the country to monitor compliance and anyone found wanting, should have their licence revoked to serve as deterrent,” the association stated.

 

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Biko who is Nigeria petroleum minister again?.

Na now PENGASSAN wan clamp down. Nigerians have suffered for over a year from the hike in price where were they? This is a joke

Plan plan plan when naaaaaw?

They shouldn't put the cat before the horse, clamping down on the petrol marketers is deceitful. They should ask the NNPC who imports fuel why no enough product in the market.

Our mumu never do

Abeg abeg...who dem dey mumu,so na today dem know say fuel crisis dey ba.

If Nigeria miss obidati

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Marketers, Retailers Are Behind Ongoing Hardship, Fuel Scarcity – Nigerian Petroleum Workers, PENGASSAN Threatens To Take Action | Sahara ReportersThe Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Monday threatened to join forces with other stakeholders to join forces and take action against the current fuel scarcity being experienced across the country. The association said there was no justification for Premium Motor Spirit PMS otherwise known as petrol to be selling for inflated prices, thereby subjecting the masses to further difficulties across the country. At Igbokoda Ilaje local Government Area of Ondo state, we have been buying 600,700,550 and the least is 460... Pls help us out...we are dying, in this hard /harsh economy, pls act fast ..God bless you Menh this situation of Nigeria is not helpingall...government is less concern about what's happening! 'Threaten to take action' after how many weeks?
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