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Petrol: Queues Disappear As Marketers Dispense Above N165

The queues by motorists for Premium Motor Spirit, popularly called petrol, which had persisted since February in Abuja and environs, gradually disappeared on Thursday as more filling stations joined in dispensing the product.

It was, however, observed that some retail outlets dispensed the commodity at rates above the approved N165/litre price, particularly filling stations located in the suburbs of Abuja.

This came as members of the Independent Petroleum Marketers Association of Nigeria, IPMAN, said they were not aware of any meeting between oil marketers and the Nigerian Midstream and Downstream Regulatory Authority.

Commenting on the development, the National Public Relations Officer, IPMAN, Chief Ukadike Chinedu, told our correspondent that the current situation with petrol price showed that the government was not against calls for an upward review of PMS price.

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