We Can’t Sell Petrol At N165 Per Litre – IPMAN
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“We are not on strike, rather the business environment has been very hostile to us such that we can no longer do business under this condition.
“For you to load a litre of petrol, you will pay N162 per litre. You will have to add the cost of transportation which is between N6 to N8, depending on the distance within Lagos. If it is outside Lagos, it is much more than that.
“So, If you add N8 to N162, you already have N170 and this product is regulated by the government and the government wants us to sell at N165. We have not added the charges at the depots and the running cost at our stations.”
“You know what diesel says now, and you know how epileptic power supply is. We run on generators using diesel at N800 per litre. There is no station in Lagos or anywhere that uses less than 50 litres per day,” he said.
