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ARTICLE AD BOX
The Petroleum Products Retail Outlets Owners Association of Nigeria said that Nigerians are to look intensifying hardship arsenic petrol and diesel prices whitethorn deed N2000 and N3000 per liter amid the ongoing warfare successful the Middle East.
The National President of PETROAN, Billy Gillis-Harry, made this known successful a connection to DAILY POST connected Monday.
He said with crude lipid prices astatine supra $100 per liter connected Monday, the home prices of petrol and diesel whitethorn treble successful the coming days.
“PMS could emergence adjacent to N2,000 per liter, portion AGO whitethorn attack N3,000 per liter if the concern persists,” Gillis-Harry said.
According to him, the surge successful petrol merchandise prices “would worsen inflation, origin occupation losses, deepen economical hardship, summation proscription costs, and rise prices of goods and services nationwide.”
As a solution, the petroleum retailers urged Nigerian National Petroleum Company Limited to activate cognition successful Nigeria’s section refineries, peculiarly the Area 5 works astatine Port Harcourt refinery and the Warri refinery.
The PETROAN’s petrol terms forecast became ...
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