JUST IN: N180/Litre Or Nothing, Petrol Marketers Declare As Queues Worsen

“With the current price, there is no way we can sell less than N180 per litre,” IPMAN   Marketers of petroleum products in Nigeria on Monday pushed for N180 per litre as queues for Premium Motor Spirit (PMS) also known as petrol worsened in Lagos and Ogun. Platforms Africa, which earlier broke the story of queues for fuel at filling stations in parts of Lagos and Ogun, reports that the situation has been worsened with scarcity spreading to more stations. Rising under the auspices of Independent Petroleum Marketers Association of…

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Nigeria’s Petrol Price Hits N170 per litre

The Price of Premium Motor Spirit (PMS) also known as petrol has hit N170 per litres in Lagos, Nigeria’s commercial capital. Filling stations in the city as well as in the neighbouring Ogun state, according to checks by Platforms Africa, increased the pump price of petrol to as much as N170 per litre on Tuesday from N162 per litre. It was gathered that this is as a result of the supply shortage facing private depots in Apapa. Some of the stations were Capital Oil and Gas, Fatgbems and Amo Oil, all…

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