PDP Rejects N108 Ex-Depot Fuel Price, Insists On N70 Pump Price

Posted by E.L.E.X on May 08 2020 under News

The Peoples Democratic Party( PDP)has vehemently rejected the N108 ex-depot fuel price and insisted on N70 pump price.

This was made known via a statement on the official Twitter handle of the opposition Party.

“The @OfficialPDPNig rejects Federal Government’s pinch in ex-depot price of fuel to N108 liter, insisting on a new pricing template that must accommodate a pump price of between N60 to.
“N70 per liter to reflect the crash in the price of crude oil and petroleum products in the international market.
“The party describes the N108 ex-depot price as fraudulent and a far cry from the appropriate pump price template that should not exceed N70 given the prevailing situation in the international oil market.
“The @OfficialPDPNig notes that the N108 ex-depot price with a projected additional N9 per liter Expected Open Market price is therefore completely unacceptable to Nigerians.