Marketers raise fuel price to N170, as depots suffer shortage

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Marketers of petroleum products  have started adjusting their pump to reflect the new  prices petrol, following shortage facing private depots in Apapa.

It was learnt that some filling stations in Lagos and Ogun states increased the pump price of petrol  from N162 per litre to N170 per litre on Tuesday.

The  Independent Petroleum Marketers Association of Nigeria (IPMAN) they had to  increase the pump price because they bought the product at N160-N161 from depot owners.

 

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