A Review of the Nigerian Energy Industry

Fuel still sells for N97 per liter in Abia

19 January 2015, Lagos – Investigations have revealed that Premium Motor Spirit  still sells for N97 per litre in most of the petrol stations in Abia State despite the directive by the federal government for the essential commodity to be sold for N87.

IPMAN-fuel pumpWhile some of the independent petrol stations visited by our correspondent in Umuahia insisted on the old price, others did not open for business.

One of the petrol attendants who pleaded anonymity told our correspondent that they were yet to adjust their meters to reflect the new pump price, hence their decision to continue with the old price.

Some filling stations also dispensed their products at N100 per liter .

However, the Nigeria National Petroleum Corporation mega station Umuahia sold the product at the new pump price.

Abia State Sales Representative of NNPC , Mr. Samuel Eneh, told our correspondent that as early as 8am, the station had started selling at the new pump price in compliance with the directives by the Minister of Petroleum ,  Mrs. Alison Diezani.

He assured that the mega station had enough product in stock and would continue to dispense at the new price.

Asked why other NNPC affiliate filling stations in town were not open to customers, Eneh said it was much likely they were waiting for engineers to adjust their meters to reflect the new price.

He said he would go round town to ensure  compliance with the new pump price, assuring that NNPC and its affiliate stations in the state will not flout the directives.

Commissioner for Petroleum, Chief Don Ubani, hailed federal government for the reduction in pump price describing it as a welcome development.

– The Punch

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