Consumers of Premium Motor Spirit (PMS), popularly called petrol, have raised the alarm over a new trend adopted by fuel retailers to cheat consumers. The motorists, in separate interviews, alleged that most filling stations have tampered with their meters in a bid to exploit and rip-off consumers. According to them, the bad business practice which is not new in the downstream sector appears to have grown worse in the face of the current fuel scarcity. They alleged that filling stations operated by some major oil marketers have joined in this bad business…
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Why some filling stations in Lagos are not selling fuel – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Friday said that filling stations in Lagos were not selling fuel because of uncertainty of the new pump price. IPMAN’s President, Chinedu Okoronkwo, made this known in an interview in Lagos. Petroleum Products Marketing Company (PPMC) had adjusted the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, from N147. 67 to N155.17 effective Nov. 13. A correspondent who monitored the situation at Ikeja, Iyana-Ipaja and Abule-Egba areas of Lagos State observed that only a few filling stations were…
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