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Petroleum Tanker Drivers, PTD branch of Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), weekend advised marketers to immediately comply with the new price of petrol, as announced by the Federal Government to avoid government’s wrath.
Reports across the country indicated that many marketers still sell petrol at the old N145 per a litre as against the new price of N125 a litre.
National Chairman of PTD, Comrade (Otunba) Salimon Akanni Oladiti (JP) who spoke on the development, while insisting that he is a pious Christian, commended the government for slashing the pump price of petrol, saying it would lessen the suffering of the masses.
He said: “The reduction of the pump price of Petrol by the Federal Government is very commendable, especially at this time that the whole world is in problem. We believe that the reduction of the pump price of petrol will cushion the effect of the hardships and sufferings in the country. We plead with the government to liaise with the Union in the transport sector, especially commercial transporters to also bring down the transport fare. If this is not done, the masses will not feel the positive impact of pump price reduction.
“We also support the appeal by the marketers that government should consider compensating them after verifying their claims that they bought the product higher than the new price. Government should avoid a situation where in the effort to satisfy Nigerians, kill the downstream sector of the industry. Most of the marketers took loans from the banks and they have to pay back. So, government should ensure they do not run into bankruptcy because of the reduction of pump price of petrol.
“In the same vein, we want to advise all the filling stations that are yet to comply with the new pump price regime to do so immediately because they have no option. They must comply because it is the Federal Government’s decision. We are also aware of the situation of crude price in the international market. They should avoid a situation where government forces them to comply. The implication will not be pleasant for recalcitrant marketers.” Oladiti stated.
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Culled from Vanguard Newspapers Monday, March 23, 2020 (Page 13).
