Fuel Pump Price set to increase From N162 to N170 per Litre .

Fuel pump price set to increase from the price of N162 to N170 per litre over scarcity of products at the petrol tank farm.

According to the Members of IPMAN [ Independent Petroleum Marketers Association of Nigeria ] and the Petroleum retail outlet owners Association of Nigeria the depot price is also expected to increase from N159 to N165 per litre as the selected few with little quantity of petrol in their tank farms have decided to increase their pump price from N148 to N150 per litre.

Chief Ukadike chinedu The Public Relations officer of the Association confirmed that the availability of petrol was already an issue.

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