September 21, 2020
Economy

New Pump Price: Filling Stations Begin Compliance

The level of compliance to the new pump price of Petroleum Motor Spirit, PMS, in some filling stations in Ibadan has improved.

Our correspondent who monitored the situation reports that a good number of both major and independent marketers had complied with the new official pump price of one hundred and twenty-five naira per litre.

A visit to some filling stations in areas like Sango, Agbowo, Oke-Ado, Challenge, Odo Ona and Molete showed that most of them had changed their meters to the new pump price.

However, fillings stations like Nurduk at Oke-Ado was still selling at one hundred and forty-five naira per litre.

Some motorists and commercial drivers called on Department of Petroleum Resources, DPR, to enforce the new price on filling stations that were yet to comply.

They, however, urged the federal government to further reduce the pump price of petrol considering the continuous fall in the price of oil in the international market.

Olukemi Akintunde

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