Fuel Price Hike: Marketers backtrack, leave price at N145

Good news! Nigerians can now (at least in the immediate) heave a sigh of relief as oil marketers decide to keep the price of Premium Motor Spirit (PMS) otherwise known as Petrol at N145 per litre.
The Chairman of the Depot and Petroleum Products Marketers Association, Dapo Abiodun, had on Tuesday, stated that the marketers could no longer import petrol at a controlled price of N145 per litre.
But Punch is now reporting that the marketers reversed their stance at the meeting of the ad hoc committee set up by the Presidency to get the oil marketers to restart the importation of refined petroleum products.
The newspaper said that a communique on the resolutions reached at the meeting would be made public soon.

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