Consumers decry disparities in prices: Petrol

Some residents of Awka, Anambra, have called on the federal government to address the wide difference in the price of Premium Motor Spirit (PMS), popularly known as petrol between independent marketers and those operated by depot owners.

 

 

The customers made the call following the observed difference in the price of petrol at an outlet allegedly belonging to a tank farm owner in the town and those of independent marketers.

 

 

They expressed worries that while independent marketers’ outlets were struggling to sell between N300 and N320 per litre, the tank farm owner’s outlet was comfortably selling between N200 and N220 per litre.

 

 

They wondered why major marketers who could control the price like NNPC mega stations, Conoil, Total, Oando and Mobil in the town were not selling because of lack of products.

 

 

Mr Jude Nnaeto said it was concerning that people could stand in line for almost an entire day just to buy petrol at N220 per litre while others were selling it at N300.

 

 

Nnaeto said the challenge of the hike in price may not be far from activities at the depots and called on the Federal Government to find out why depot owners’ outlets will be selling at a very low rate in the face of the ongoing scarcity.

 

 

“This is injustice, how can there be a price difference of over N100 per litre in the same city, look at the long queues of vehicles struggling to petrol at N220 while others are selling at N300 or more at other places.

 

 

“For this outlet to sell at this rate without problem, it means they can sell to independent marketers at a price that will make them at the same range, it is time the federal government addresses this,” he said.

 

 

 

Another customer, who simply identified herself as Madam Jane, said the masses had a harsh Christmas and New year celebration because of the problem of PMS scarcity.

 

 

Jane expressed worry that the authorities in charge of petroleum products distribution and regulation had not tried to protect the masses by addressing the price hike.

 

 

Reacting, Mr Chinedu Anyaso, chairman of Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu Depot in charge of Anambra, Ebonyi and Enugu states, described the situation as unfortunate.

 

 

Anyaso said the solution was for the NNPC to sell directly to independent marketers and ensure that major marketers’ outlets had products to sell to consumers.

 

 

He said marketers are businesses that do their best to get products and serve the public, and they will continue to ensure they are available at the prevailing price. CONTINUE READING………………………………………………

 

 

 

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