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Petrol marketers have expressed concern over the rising cost of Premium Motor Spirit (petrol), saying the price of the commodity has climbed to between N1,250 and N1,300 per litre in some locations following the latest increase by Dangote Petroleum Refinery.
The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, said the development was making it increasingly difficult for marketers to plan their businesses amid volatility in the international oil market, government policies and exchange rate movements.
