Sunday, January 29, 2023
spot_img

FG Increases Petrol Price To N185 Per Litre

- Advertisement -

The Federal Government has officially increased the price of petrol by 8.8 per cent to N185 per litre, from N170 per litre.

Fuel-Scarcity- KOKO TV.NG

However, reports show that many filling stations have been selling far above this new price, a situation which may have made the new price almost unrealistic.

READ ALSO: Igbos Have Over 30 Million Votes Ready For Peter Obi – Kanoyo O. Kanayo

In a notice to fuel marketers, yesterday, the government directed that the new price should take immediate effect.

Information gathered yesterday that a few petrol stations belonging to the Major Marketers Association of Nigeria, MOMAN, have already adjusted their pumps in line with the new price directive.

The development caused further anxiety for motorists who spent hours in fuel queues in search of the product.

A source said an internal memo was sent by the government to all marketers, including the Major Oil Marketers Association of Nigeria, MOMAN, and the Independent Petroleum Marketers Association of Nigeria, IPMAN.

READ ALSO: 2023: Atiku Under Fire Over ‘No Vote No Contract Comment’

However, responding to the development, the President of the IPMAN, Mr Chinedu Okonkwo, told newsmen yesterday, “So I heard but we are waiting for the circular because without that we cannot do anything. Hopefully, by tomorrow (today) we will get a clearer picture.”

Also Read:  I Will Drink Your Tears - Tems Reacts To Trolls Dragging Her For Twerking At A Recent Event

Trending video of the day;

Photo Credit: Getty

- Advertisement -

Related Articles

- Advertisement -

Leave a Reply

Stay Connected

13,000FansLike
21,100FollowersFollow
37,000SubscribersSubscribe
- Advertisement -

Latest Articles