Owners of filling stations in Rivers State have been ordered to reduce fuel pump price by N5 from Monday, December 14, 2020.
The directive was issued on Wednesday by the Rivers State Chairman, Petroleum Products Retail Outlets Owners Association of Nigeria, Francis Dimkpa, who addressed journalists in Port Harcourt.
He urged petroleum dealers in the state to comply with the directive in line with the agreement reached between the Organised Labour and the federal government.
The Next Edition recalls that the Federal Government after a closed-door meeting with the organised labour recently agreed to reduce the pump price of fuel from N168 to N162.44 per litre to take effect from Monday, December 14, 2020.
Dimkpa stated, “PETROAN welcomes the reduction in price as a result of the agreement between the Federal Government and the Organised Labour and we are looking forward to its implementation from Monday,14 December, 2020.
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“By this, we are encouraging all members of Petroleum Products Retail Outlets Owners Association of Nigeria to key into the government and labour agreement of reduction in price come 14th December, 2020 and effect the reduction as expected.”
He however expressed the hope that ex-depot price of petroleum products would be reduced also in line with the Federal Government and Organised Labour agreement..
“So, if that is done, we have no reason not to reduce the pump price, hoping that the ex-depot price will be published before then,” he said.
