Marketers have informed the public to expect to buy petrol at any price.
The Marketers, under the aegis of the Independent Petroleum Marketers Association said the possible petrol price increase was owing to the refusal of the Nigerian National Petroleum Company Limited to give its members products, making them to buy it at N205 from third parties.
According to the National Controller Operations, IPMAN, Mike Osatuyi, the association had bought products for N205 and would add N13 transportation to the cost.
“NNPC refuses to give us fuel. We buy from third parties and can sell at any price because if the landing cost to our stations is N218 per litre, how much do you expect us to sell? So the public should expect fuel at any price, depending on the area,” he said.
Spokesperson for NNPCL, Garba Deen Mohammed, could not be reached for his reaction.
