IPMAN, South-East residents kick over hike in petrol price

By Adeleye Kunle

There is disguiet in the entire South-East zone and other areas under the Enugu depot of the Nigeria National Petroleum Corporation, NNPC, following the sudden increase in the pump price of petroleum products.

Track News observed that from N185 per litre, the commodity is now sold at N200 and above, with many petrol stations under lock and key.

The development is already adding to the sufferings of the people, with astronomical increases in the prices of goods and services.

Reacting, the Independent Petroleum Marketers Association of Nigeria (IPMAN), threatened to withdraw their services.

They lamented that the private depots are the cause of the hike in the price, stressing that they are buying from them at the cost of N185 per liter, adding that after other expenses the price would rise to N200 per litre.

They regretted that even at N200 per liter, their business could not thrive considering the high cost of diesel to power the station and the exploitation from private tank depot owners and NUPENG.

The group appealed to the federal government to revive all NNPC depots within the Eastern zone to enable them to get premium motor spirit at a regulated price.

They asked for the intervention of the Nigerian Labour Congress (NLC).