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'Petrol price can be N40 per litre'

27 April 2015, 12:32

Abuja - The Independent Petroleum Marketers Association of Nigeria, has agreed with the former Minister of Petroleum, Prof. Tam David-West, that petroleum pump price can sell for N40 per litre, Punch reports.

Chairman, Independent Petroleum Marketers Association of Nigeria, Mosimi, Ogun State, Adeleke Bada said this in an interview with journalists shortly after the association’s Annual General Meeting in Abeokuta, the state capital.

Also read: Petrol scarcity resurfaces as queues build up

He said that he feat would be possible if only all the refineries in the country are revamped.

He blamed the non-compliance of sale of petrol at the N87 per litre by some petroleum marketers on the expenses incurred by the marketers while trying to get the fuel available for the use of the masses.

Read more at Punch

- News 24

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