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Oil Marketers warns of possible petrol hikes

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Oil Marketers warns of possible petrol hikes

Oil marketers,under the aegis of the Independent Petroleum Marketers Association of Nigeria,  on Thursday, issued a stern warning to the public, asking them to expect to buy petrol at ‘any price’.

The Oil Marketers, stated that the Nigerian National Petroleum Company Limited has refused to give its members products, and that they bought at N205 from third parties.

National Controller Operations, IPMAN, Mike Osatuyi, told The PUNCH that members of the association had bought products for N205 and would add N13 transportation to the cost.

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“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, could not be reached for his reaction.

Spokesperson for the Major Oil Marketers Association of Nigeria, Clement Isong, had  on Wednesday, stated that the association had held a logistics meeting with the NNPC

Meanwhile, The Airline Operators of Nigeria has expressed displeasure at the numerous issues in the aviation industry, saying that the Federal Airports Authority of Nigeria is responsible for the flight delays and cancellations.

They said the inadequacy of critical infrastructure at the airport was responsible for the numerous flight delays in the country.

This was disclosed at a press conference on Wednesday in Abuja.

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Speaking at the event, the Chairman of Air Peace, Allen Onyema, said when it came to flight delays and cancellations, so many things were involved, which many people did not know.

He noted that no airline in the world would want to delay flights because of the cost implications.

“How would I just wake up and want to delay my flight when I know I am going to incur a heavy cost?”

Further speaking, Onyema said Nigerian airlines were operating in a very hostile environment with limited infrastructure.

“The airlines are at the mercy of everybody. The owners of airlines in Nigeria are patriotic because it is not profitable. They are doing it as a service to Nigeria and should be applauded, not demonized.

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