Residents of Awka, the capital of Anambra State, have urged the federal government to rectify the significant pricing disparity between independent marketers enterprises and depot owners’ businesses for Premium Motor Spirit (PMS).
The call was placed by the customers in response to the apparent pricing discrepancy between independent marketers prices and those at a store in the town reportedly owned by the owner of a tank farm.
They expressed worries that while independent marketers’ outlets were struggling to sell between N300 and N320 per litre, the tank farm owner’s outlet was comfortably selling between N200 and N220 per litre.
Mr Jude Nnaeto who spoke to the News Agency of Nigeria (NAN) in Awka said, “This is injustice, how can there be a price difference of over N100 per litre in the same city, look at the long queues of vehicles struggling to buy fuel at N220 while others are selling at N300 or more at other places.
“For this outlet to sell at this rate without problem, it means they can sell to independent marketers at a price that will make them at the same range, it is time the federal government addresses this.”