JUST IN: Petroleum Marketers Increase Fuel Price (See New Price)

The Independent Petroleum Marketers Association Of Nigeria, IPMAN, has increased the price of Premium Motor Spirit (PMS) to N750 per litre in Akure.

Last week, it was sold for less than N700 per litre.

Many petrol stations visited within Akure metropolis has not fuel to dispense.

Some marketers said they have sold out their products and expecting new supplies.

Chairman of IPMAN, Ore Depot, Shina Amoo, said what was being experienced was because ‘everything will soon normalised.’

He said shortage in a supply was general across the country.