FG warns filling stations against selling petrol above N125/litre

 FG warns filling stations against selling petrol above N125/litre

The Petroleum Products Pricing Regulatory Agency (PPPRA) has cautioned filling stations against selling petrol above N125 per litre. The pump price of petrol was slashed on Wednesday by the Federal Government from N145/litre to N125/litre due to the coronavirus-triggered lingering volatility and the Saudi-Russia price war in the international oil market. But speaking after he led a team of PPPRA to monitor filling stations in Abuja on Thursday, the Executive Secretary of the Agency, Saidu Abdulkadir, explained that though the Agency did not seal off erring stations as at Thursday, action would be taken against such stations from Friday. Abdulkadir also disclosed that the PPPRA would meet marketers and other relevant stakeholders to ensure that the new price is implemented by retail outlets nationwide.

Ayomide Oyewole

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