Home News PMS: We Won’t Sell More Than N165 Per Litre — Weeldrop...

PMS: We Won’t Sell More Than N165 Per Litre — Weeldrop Petroleum Boss

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Ibadan’s fastest growing oil and logistic company, Weeldrop Petroleum, Weeldrop Petroleum, has assured the people of the state that premium motor spirit, PMS, also known as petroleum, won’t sell more than N165 per liter in all his stations.

According to its CEO, Mr. Wale Oladiti, who spoke in the wake of outrage that greeted the reported increase in the price of PMS by the Petroleum Products Pricing Regulatory Agency, PPPRA, on Friday.

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Though it has been deleted hours after the Nigerian National Petroleum Corporation, NNPC, insisted that there was no increment in the ex-depot price of petrol., PPPRA had announced the increment of PMS from N162 to N212.6 per litre.

The deletion came hours after the agency published the template on its website, http://pppra.gov.ng/pms-guiding-price-for-march-2021/,

Speaking with journalists, Oladiti said Weeldrop Petroleum will always identify with Nigeria and Nigerians, adding that “part of our corporate social responsibility is to lessen the burden of the masses.

“Even when there was the need to increase the price from N165, we did not do that. That was when we were buying at N159 per liter from the depot.

“We are open for business in all our stations in Ibadan. We are not selling above that. We are known for selling quality products. It is not about the profit, we owe it as a duty to reduce the sufferings of the people. And one of the ways is to sell at a very good price. At any of our stations, a liter is a liter,” he assured.

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