Filling stations in Ibadan metropolis have not complied with the federal government’s directive to reduce the pump price of petroleum from one hundred and twenty-five naira to one hundred and twenty-three naira fifty kobo.
The new price which was announced last night was to commence today 1st of April.
Our correspondent who monitored the situation in Ibadan observed that most filling stations were still selling at one hundred and twenty-five naira.
Some motorists and commercial drivers who spoke with Radio Nigeria expressed displeasure that both major and independent marketers failed to comply with the new directive.
They, however, lauded the federal government for the initiative noting that the price might still come down.
A manager of one of the major marketers who did not want his name mentioned said they were waiting for the directive from their head office.
It would be recalled that on the eighteenth of last month, the federal government announced the reduction in Petroleum Motor Spirit, PMS, from one hundred and forty-five naira to one hundred and twenty-five naira for the month of March due to a fall in the price of oil in the international market.
Olukemi Akintunde
pub-5160901092443552
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