By Dipo Olowookere
The price of Premium Motor Spirit (PMS) commonly called petrol has not been increased from its current N145 per litre, the Nigerian National Petroleum Corporation (NNPC) has emphasised.
Reacting to threats by the Lagos chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) to withdraw its services in Lagos and its environs over alleged discrepancies in the ex-depot price of petrol, among others, NNPC assured Nigerians that there was enough product to keep the country wet till the end of this year and beyond.
It added that 25 vessels laden with petroleum products were also being expected to berth between now and January 2018 to further boost supplies.
NNPC, in a statement issued on Thursday by its Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu, noted that the Ejigbo Satellite Depot was fully stocked and carrying out regular loading services.
It stated that the Ejigbo depot had consistently dispensed petrol at the approved price of N133.28 per litre, contrary to allegations that it was being sold at a higher price.
The corporation urged members of the public not to entertain any fear or engage in panic buying of petroleum products as there was enough to keep the country well supplied.
It stated that the appropriate government agencies had been contacted to settle the rift between IPMAN and the Depot and Petroleum Products Marketers Association.
