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Campus Drive
Petroleum marketers have explained that they requested N100 billion intervention from the Nigerian Government to save businesses from collapse in the coming days amid the hike in the price of Premium Motor Spirit.
This comes as oil marketers said that they are awaiting a positive response from the Nigerian Government on their request for a N100 billion intervention fund.
The President of Petroleum Products Retail Outlets Owners Association, PETROAN, Bill Gillis-Harry disclosed this in an exclusive interview on Sunday.
Gillis-Harry said petroleum marketers are finding it difficult to cope as the cost for a truckload of fuel increased to over N47 million from N7 million.
The coalition led by Japan’s ruling Liberal Democratic Party (LDP) has lost its majority in parliament which US its worst result for over a decade. Provisional results have shown opposition parties secured more than half the seats in the lower house. With 22 seats left to declare, the LDP and its coalition partner, the much smaller Komeito, had gained 208 seats against the opposition's 235 on Sunday. A party needs […]
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