Petrol: We are not at our full market pricing level yet

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 78%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

NNPC said the current increase in petrol pump price does not reflect free market conditions.

INVESTIGATION: Beyond the Facade: Unveiling the Violence in Nigeria’s ‘Peaceful’ Presidential ElectionsINVESTIGATION: Inside Nasarawa schools where teaching, learning are tortuous, dangerousThe invisible obstacle to personal growth, By Mohammed Dahiru AminuINVESTIGATION: How displaced Nigerian villagers are massacred in search for food

On Tuesday, NNPC Ltd adjusted the pump price of petrol to N897 from N617 as motorists and commuters grumbled amid the uncertainty. Other independent stations have also adjusted their pump prices, in some instances above N900 per litre. “It should be a free market, unrestricted market-based conditions…what’s sustainable is the unrestricted free market pricing of PMS. That way, competition takes over, and Nigerians will get the best.

“So, we are ensuring that deliveries are made to stations. We are doing our best to make sure that there are no diversions,” he added.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker