Expdonaloaded News; Prepare for hard times, petrol dealers tell Ondo, Ekiti people

Petroleum Dealers and Owners Association in Ondo and Ekiti states yesterday told the people of the two states to prepare for hard times, declaring that they cannot sell fuel at government’s approved price of N87 per litre. The position of the association, was expressed at a news conference addressed by members of the association following the sealing of their stations by the Department of Petroleum Resources (DPR) for selling above government recommended price.
Addressing journalists, the Chairman of the association, Mr. Jimi Oladapo, said due to non-availability of products at the depots of the Nigerian National Petroleum Corporation (NNPC), members had been sourcing the products through other means with attendant implications. The dealers said rather than forcing them to sell at unrealistic price, the Federal Government should deregulate the downstream oil sector to enable them sell at appropriate price. According to the petroleum dealers, cost per litre of petrol was different from the source. Specifically, Adedapo said total cost per litre of fuel from Lagos ranges between N104 and N108, while the landing cost per litre from Ogara/Warri in Delta State was between N105 and N108 per litre. He said the landing cost was exclusive of operating expenses such as diesel to run the station, staff salaries and wages, strategies, office and pump maintenance. “From the analysis, you will agree with us that it will be impossible for us to sell at the government approved price of N87per litre,” he said.

Click photo to download; but you lied to me by Expdona aka finish gravity

Expdonaloaded blog;Click the photo to download aboki wey d suya by Expdona aka finish gravity