MARKETERS SHUN FG DIRECTIVE, REFUSE TO OBEY N5 REDUCTION IN PETROL PRICE

Oil marketers, on Monday, failed to adjust the pump prices of Premium Motor Spirit (petrol) at their filling stations to reflect the N5 reduction announced by the Federal Government last week, the Punch newspaper, reports. After meeting with officials of labour unions in Abuja last week, the Minister of Labour and Employment, Dr Chris Ngige, announced that all parties resolved that the price of petrol be reduced by N5 per litre with effect from December 14. But filling stations visited by our correspondents in Lagos, Abuja, as well as parts…

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