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Petroleum marketers in Kano increases pump price

14 January 2015, 21:33

Kano - Petroleum marketers in Kano State have unilaterally increased the prices of premium motor spirit (petrol) despite the availability of the commodity.

Investigations revealed that some filling stations in major towns in the state had increased their pump price from N97 per litre to between N105 and N115.

The NNPC mega stations and few ones in the state are selling the product at the approved price.

In some places visited, many filling stations had remained closed despite the availability of the product.

As a result of the situation, black marketers had started to exploit residents by increasing their prices too.

A four litre gallon of the commodity, which was selling for N500 now costs between N600 and N650 at the black market.

Some residents of the city accused some of the marketers of trying to cause artificial scarcity by refusing to sell to members of the public.

Also read: Nigerians clamour for reduction of fuel pump price

Musa Bala, said that the situation had affected the socio-economic activities particularly in areas outside the state capital.

Efforts to contact the State Chairman, Independent Petroleum Marketers Association of Nigeria (IPMAN), Bashir Danmalam, failed as he refused to pick the several calls.

Some of the marketers and station managers, where the commodity is being sold above the official price, declined to talk on the issue.

However, a major marketer in the state Auwalu Bala Rano said all his stations were selling at the official rate of N97 a litre.

Similar efforts to contact the DPR Zonal Coordinator, proved abortive as the security guard at the office said he had been instructed not to allow any journalist into the premises.



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