Oil marketers, on Thursday, warned Nigerians to expect to buy petrol at “any price”.
The traders, under the aegis of the Independent Petroleum Marketers Association of Nigeria, said that the Nigerian National Petroleum Company Limited (NNPC) has refused to give its members products, and that they bought at N205 from third parties.
National Controller Operations, IPMAN, Mike Osatuyi, told a media source that members of 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 has been unavailable for comments since the recent scarcity.
Spokesperson for the Major Oil Marketers Association of Nigeria, Clement Isong, had on Wednesday said that the association had held a logistics meeting with the NNPC.