NUPENG Urges Oil Marketers To Comply With New Fuel Price

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Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has urged oil marketers to comply with the new pump price of petrol, which is N87 per litre.

In a statement by its President, Igwe Achese, NUPENG noted that most of the filling stations were still dispensing fuel at the old rate of N97 per litre or not selling fuel at all.

“It amounts to total disservice for the oil marketers to continue to sell fuel at the old rate, thus exploiting the consumers,” Achese said.

Meanwhile, NUPENG has commended the Federal Government for bringing down the price of petroleum products in line with the falling prices of crude oil in the international market.

It therefore called on the Federal Government to put other measures in place to cushion the inflationary effects of the fall in crude oil price.

NUPEND urged the federal government to speed up the Turn-Around-Maintenance (TAM) of the country’s four refineries, so as to reduce importation of petroleum products.

The union also urged the government to establish more refineries and encourage private entities to own theirs. Africa’s richest man Aliko Dangote has already been granted licence to operate a private refinery. It is scheduled to become operational in the third quarter of 2017.


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