The pump prices of Premium Motor Spirit (petrol) may rise further in the coming days as the landing cost of imported PMS has increased again, amid the recent rise in the importation of the commodity,
The surge in imported petrol is coming amid the Dangote refinery’s suspension of the sale of petroleum products in naira to local marketers following the Federal Government’s alleged refusal to continue the naira-for-crude deal.
On Tuesday, The PUNCH reported that the meeting that was earlier scheduled on Monday between the Technical Sub-Committee on the Naira-for-Crude Policy, Dangote refinery, and other government officials did not hold as planned
Insiders familiar with the workings of the committee said the meeting was rescheduled and may be held before the Sallah break.