PENGASSAN, NUPENG To Deliberate On New Petrol Price

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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) is expected to meet with the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on May 12 and 13 to deliberate on the new pump price announced by Federal Government.

This disclosure was made known by the South-West Chairman of the union, Tokunbo Korodo, in an interview with the News Agency of Nigeria (NAN) in Lagos on Wednesday.

READ MORE: Petrol Will Now Sell At N145 Per Liter As Subsidy Is Removed

Korodo explained to the agency that it was too early to make any official statement until the two bodies meet to deliberate on the matter.

He said that the meeting would discuss the new development and come out with a stand on the matter.

Mr. Korodo, however, said no official of the two oil workers labour unions was authorised to speak on the new pump price as announced by the government.

NAN reports that the Federal Government on May 11, announced a new price regime for petrol with the highest price of N145 per litre.

READ ALSO: Fuel Subsidy Removal: NLC Vows To Shut Down Economy Over Petrol Price Increment

The Petroleum Products Pricing Regulatory Agency (PPPRA) said in Abuja that the new price regime had taken effect from May 11.

The NNPC, however, advised its retail stations on the outskirts of major cities to sell at prices lower than N145 per litre.




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