Oil Marketers plan to import petrol below ?angote’s N1,028/litre price

Oil marketers ?angote Refinery

Oil marketers, on Friday, revealed that the price of Premium Motor Spirit, (PMS), popularly called petrol, produced by the ?angote Petroleum Refinery was between N1,015 and N1,028/litre depending on the quantity being purchased.

Oil marketers ?angote Refinery2

Based on this, the dealers vowed to import the commodity and sell it below the ?angote Refinery price, as well as the price being sold by the Nigerian National Petroleum Company Limited, (NNPCL).

Data released by the Major Energies Marketers Association of Nigeria on Thursday showed that the landing cost of petrol was N978.01/litre as of October 31, 2024.

And If marketers will have to import fuel and sell below ?angote’s price then it’s a slap on him, and he should be ashamed of himself; the almighty ?angote, who all Nigerians are thinking that when he starts operating will sell his PMS for 500 per litre”.

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