Why we sell petrol above official price - Marketers
Though the supply of petroleum products across the country has greatly improved after weeks of scarcity encountered by Nigerians, but most filling stations are still selling above the official price of N86.50 per litre.
Investigations revealed that majority of the independent marketers and some major marketers nationwide were selling at N120 and N150 per litre. Some of the marketers attributed the difference in prices to their inability to source the product directly from the Nigerian National Petroleum Corporation, NNPC.
The Chairman of the Independent Petroleum Marketers Association (IPMAN) in Kwara, Alhaji Olanrewaju Okanlawon, disclosed that his members had to sell the product above the official pump price because they could not get supply from NNPC depot.
"We are not going to stay permanently on N130 per litre, the price will be determined on what we meet on ground at market but for now a litre is N130.
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