The IPMAN National Operations Controller, Zarama Mustapha, explained that at the moment, the landing cost of PMS is over one thousand two hundred naira, without the margin of the marketers, transportation and other logistics.
He disclosed that the NNPC currently sells to marketers at five hundred and sixty five naira, adding that there is a subsidy of almost six to seven hundred naira as of now.
The return of petrol subsidy has been one of the very clear demands of #EndBadGovernance demonstrators who took to the streets to protest hunger and food inflation in Nigeria.
The IPMAN official said the demands of the young protesters were legitimate, but expressed doubts that the government could afford to such.
