The Nigeria Labour Congress and Civil Society Organizations have called for further reduction in the pump price of Premium Motor Spirit (petrol), stressing that the recent drop in price to N935/litre is not satisfactory.
Dangote Petroleum Refinery in partnership with MRS recently announced a reduction in petrol price to N935/litre.
Before the announcement, the commodity sold for over N1,030/litre in Lagos and environs, while it cost more than N1,060/litre in Abuja and Northern states.
Recall that on Sunday, the Independent Petroleum Marketers Association of Nigeria said petrol was going to sell at N935/litre beginning from Monday based on the latest arrangement with the Dangote Petroleum Refinery.
PMAN’s National President, Maigandi Garima, said the reduction in Dangote refinery’s ex-depot price for petrol and the uniform arrangement being put in place, would enable marketers to sell at N935 in their outlets nationwide, incurring a cost of N36 on logistics.
But the announcement did not excite the labour union and CSOs, as they insisted on Monday that the cost of petrol should drop further.
Speaking with The PUNCH, a senior official of the Nigeria Labour Congress, Chris Onyeka, rejected any applause for the Federal Government and the Nigerian National Petroleum Company Limited over the recent reduction in the pump price of petrol.
- Punch
