AHEAD of the planned increase of pump price of premium motor spirit to N700 per liter, Coalition Civil Society groups have condemned in very strong terms, such a move, saying it was totally unacceptable, pure mischief, and sabotage.
Against this backdrop, the CSOs have vowed to resist and picket filling stations that sell fuel above the government-approved price, saying that plans by the Independent Petroleum Marketers Association of Nigeria, ( IPMAN ) to increase the pump price of premium motor spirit to N700 per liter will not work.
In a statement yesterday by the Convener, Dr Basil Yelwa Musa, Co- Conveners, Malam Haruna Maigida and Comrade Ayo Temi Adebayo noted that it was unfortunate that the idea was being conceived as Nigerians are still grappling with “price shock”, occasioned by the increment on May 29th, 2023.
The coalition while reacting to the planned increment of fuel pump price from government-approved N448 per litre to N700, vowed to shutdown any station found wanting and sell above the approved price, adding that IPMAN was running a parallel government outside a constitutionally recognized government of the Federal Republic of Nigeria headed by the Commander-in-Chief, President Bola Ahmed Tinubu.
According to the groups, IPMAN was largely behind the mystery litres of petrol consumption that suddenly dropped from 66 million per day to 40 million, after fuel subsidy was removed, while they advised the marketers association to brace up for a change as sharp practices in the downstream sector can no longer be condoned.
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