Pump price of petrol may hit #185 – #200 per litre -Marketers

The marketer of premium motor spirits PMS (petrol) in Nigeria have said the pump price may increase to #185 to #200 with the current realities in the global crude oil

The petrol raises their concern on the upturned of global crude oil price last week and non-implementation of full deregulation of the downstream of petroleum sector as the pump price of petrol have not been changed in the last two to three months

The chief executive officer of Major oil marketer association of nigeria, Mr. Clement Isong said demand for petrol in Nigeria by consumers is becoming something serious and security of supply of petrol to different region in the country has been threatened

he said:

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