Posted by Samuel on Wed 03rd Jan, 2024 - tori.ng
The depreciation of the naira against the US dollar at both the official and the parallel market has not been helpful too.
Shehu Sani, a former federal lawmaker, has warned those peddling the rumours of premium motor spirit being sold for N1200 to stop causing unnecessary tension in the country.
Recall that the Nigerian National Petroleum Company Limited, NNPCL, and fuel marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria, clashed again on Tuesday over the removal of subsidy on petrol.
The depreciation of the naira against the US dollar at both the official and the parallel market has not been helpful too.
For this reason, oil marketers said Premium Motor Spirit was increasing in recent times,
However, the NNPC maintained that it was recovering its full cost on the importation of petrol.
There are rumours that oil marketers are fighting for the PMS to sell for N1,200/litre in a free market mainly because of the crash of the naira against the dollar.
But Shehu Sani, a former lawmaker, who represented Kaduna Central Senatorial district in the 8th Assembly, is of the opinion that people should stop spreading the rumours since nothing is official from both the NNPCL and the marketers.
“Neither the oil marketers nor the NNPCL proposed any increase of pump price to N1200 per litre,” he wrote on X.
“Those peddling this rumour should stop so as not to cause unnecessary panic,disruptions and further hardships and suffering.”
However, some Nigerians are calling on the government to be proactive in sensitizing its citizens.