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LANDING COST OF PETROL

Depot-owners, under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) and Depot and Petroleum Marketers Association of Nigeria (DAPMAN), have voiced their displeasure at the new price regime on petrol, seeking to hike the product to N117 per litre from N111.
Some marketers of PMS in Lagos and Ogun state have began hoarding their supplies because of reported increase in the landing cost of the product.