Skip to main content

Fuel Price hike: Marketers short-change motorists




ON MAY 16, 20168:50


By Michael Eboh

Abuja—Petrol stations in the country seem not to be satisfied with the recent hike in the price of petrol to between N135 and N145 per litre, as majority of them now resort to under-dispensing of the product.

Vanguard observed in Abuja and environs that a number of the petrol stations, though selling at N145 per litre, had manipulated their pumps, and were now defrauding motorists with incorrect measurements.

Petrotec filling station in Suleja, Niger State, along the Abuja-Kaduna Expresway, was selling at N135 per litre, but a motorist complained that he bought 20 litres of petrol but was served about 15 litres.


At the NNPC Mega Station at Kado in Abuja, one motorist complained that before the hike, it took N2,500 to fill his tank when it was half tank but was shocked to spend N5,000 to fill his tank in the same position at the NNPC petrol station.

He wondered why it would take double the initial amount, when the price was not doubled.

Motorists called on the Department of Petroleum Resources, DPR, and other regulatory agencies to come to the aid of motorists and sanction defaulting petrol stations.

Meanwhile, the Nigerian Association for Energy Economics, NAEE, weekend, emphasized the need for the Federal Government to fix the country’s refineries, stating that if all the refineries were working at about 80 to 90 per cent capacity, the price of Premium Motor Spirit, PMS, would drop to between N115 and N125 per litre.

Addressing newsmen in Abuja, Professor Wumi Iledare, President, NAEE, also called for the proper calibration and adjustment of the Petroleum Product Pricing Regulatory Agency’s, PPPRA, pricing template for a market dictated margin.

Comments

Most viewed

Do people with dementia behave the same way?

Reason people with dementia don't all behave the same by Medical Xpress People with dementia experience a range of psychological symptoms and behaviour changes. Credit: shutterstock.com Dementia is the is the leading cause of death among Australian women and the third most common cause of death among men. While dementia is not a normal part of ageing, the biggest risk factor for dementia is advancing age. Given ours is an ageing population, estimates suggest dementia cases are set to almost triple by 2050. Many people associate dementia with memory loss, so it may come as a surprise that dementia is a killer. So, what does it do to the body to make this happen? The brain is our control centre Everything we do is controlled by the brain. It generates the instructions that tell our body parts what to do, as well as facilitating our complex behaviours, such as personality and cognition (our ability to think, understand and do things). When a person has dementia, neuron...