The Independent Petroleum Marketers Association of Nigerian, Mosimi, Ogun State has said that it would be too difficult for the President-elect, Gen. Muhamadu Buhari to reduce the petroleum pump price to N40 per litre.
The association said the situation in the industry could not allow such reversion, saying, it could however, be reversed to N87 per litre if the Federal Government builds refineries in some parts of the country.
The Chairman of IPMAN, in the state, Adeleke Bada stated this shortly after the associations Annual General Meeting held in Abeokuta.
Bada, who was flanked by other members of the executive of the association, reacted to the advice given by former Minister of Petroleum Resources, Tam David West to the President-elect to reduce the pump price to N40, said the price is not realistic.
Bada, who was flanked by other members of the executive of the association, reacted to the advice given by former Minister of Petroleum Resources, Tam David West to the President-elect to reduce the pump price to N40, said the price is not realistic.
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