The Managing Director of Pipeline & Product Marketing Company (PPMC) says the government plans to import 26 cargoes of Premium Motor Spirit (PMS) which equates to about a billion litres.
Speaking on Channels Television’s Sunrise Daily, Mrs Esther Nnamdi-Ogbue said that “we are doing that for the yuletide period so that all Nigerians would have the assurance that fuel would be available when they drive into any filling station”.
Talking about the issue of middlemen in contributing to the major lock jam, the PPMC MD said that “we have talked to the marketers and we heard unofficially that they have to buy products at higher rate than depot prices.
“We have gone to the security agents because if you don’t have evidence, you can’t build up the case.
“We are also working in the depots to see how to gather evidence so that we can prosecute one or two people. We have a fixed depot price which is N77.66 Kobo PMS and if they sell above that, it means they are distorting the economy which is an economy crime”, she explained.
ChannelsTV
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