Nigerian Regulatory Agency vows to shut down filling stations selling petrol N1000 per liter

The Nigerian Regulatory Agency has vowed to shut down filling stations selling petrol at N1000 per Liter.
This is as the agency expressed sadness at learning that certain stations run by independent marketers were charging between N900 and N1000 per liter for PMS, which is much more than what the Nigerian National Petroleum Company Limited, NNPCL, stores were charging.
The filling stations that are selling Premium Motor Spirit, PMS, beyond the allowed price have been threatened with legal action by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA.
The agency expressed sadness at learning that certain stations run by independent marketers were charging between N900 and N1000 per liter for PMS, which is much more than what the Nigerian National Petroleum Company Limited, NNPCL, stores were charging.
Independent marketers assert that they pay more for PMS that is purchased from private depots than what NNPC stores charge per liter.

Source: all news.ng

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