NUPENG threatens to boycott depot owners selling above N148.77

By Deborah Hassan

365Daily – The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), has vowed not to lift products for depot owners  selling Petroleum Motor Spirit (PMS) above the official depot price of N148.77.

This was disclosed by NUPENG’s Secretary General, Mr Afolabi Olawale, in an interview with the News Agency of Nigeria (NAN) on Tuesday, March 1, 2022, in Lagos.

“One of the lines of action we are going to take is any depot that is not selling at the official rate, our members will not carry their products,” he said.

NUPENG had issued a 24-hour ultimatum, with effect from midnight,  February 27, to marketers to revert to the official rate of N148.77.

It accused the marketers of exploiting Nigerians by selling PMS from the depots at prices far above the official rate.

“Depot owners are not the ones directly importing the products and are taking products from NNPC.

“Nobody has given official statements that PMS is no longer under subsidy regime and in that wise, the general public cannot be buying products at N250, N220, N180, from the depot.

“We are asking all these depot owners to stop exploiting the general public and sell at  official rate,” he said.

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