Politics Buhari Cannot Make Petrol N40 Per Litre -IPMAN

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abujagirl

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The Independent Petroleum Marketers Association of Nigerian, Mosimi, Ogun State has declared that it will be impossible for Muhammadu Buhari, Nigeria's president-elect to reduce the pump price of petrol to N40 per litre.

READ: Buhari Will Reduce Petrol Price to N40 Per Litre - Tam David-West

Speaking on behalf of the association, Chairman of IPMAN, in Ogun state, Adeleke Bada reacted to the advice given by former Minister of Petroleum Resources, Tam David West to the President-elect to reduce the pump price to N40, said the price is not realistic.

He said, ''that is not possible, if you look at the nature of the market, that isn’t realistic. Do we have the refineries?.

''The only reason that can be possible is when we have our own refineries and we do not export our crude oil for processing. If the processing is done in Nigeria, then it can be sold at the rate of N40 but not until all the refineries are fixed''.

#IPMAN #Buhari

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