A coalition of civil society organisations (CSOs) says it will mobilise Nigerians for a protest if petroleum marketers jerk up the pump price of petrol to N700 per litre.
Mike Osatuyi, national controller of operations, Independent Petroleum Marketers Association of Nigeria (IPMAN), had said the price of petrol could rise above N700 per litre in parts of the north from July.
“What I am seeing is around N600 and above, depending on the exchange rate, the current crude price at the international market and the landing cost,” Osatuyi told PUNCH.
In a statement on Friday, Basil Yelwa Musa, Haruna Maigida, and Ayo Temi Adebayo, the CSO’s convener and co-conveners, said the proposed price increase by IPMAN is not acceptable.
