Di refinery don resume gantry loading of Premium Motor Spirit (PMS), wey be wetin we dey call petrol, for Naira, afta dem stop am for one week.
Dat one don end di wahala wey dey worry di downstream sector sake of di temporary change to dollar sales.
Wetin checks show say di refinery don fix new ex-depot (gantry) price at N1,215 per litre. Dat one mean say price go up wit N140 per litre, wey be 13.02 percent, from di old price wey be N1,075 per litre.
Di reason why gantry price go up na because global crude oil price don jump well-well, wey make di cost to produce petrol, diesel, and aviation fuel increase. Dat one dey make people fear say fuel price go rise again for Nigeria and oda countries wey dey import oil.
Market news for Wednesday show say Brent crude, wey be di international oil price wey dem dey use price Nigeria oil, go up by 3.18 percent to $93.90 per barrel. West Texas Intermediate (WTI) sef rise by 2.74 percent to $86.65 per barrel.
Dis price change come at di time wey domestic petrol price don already rise well-well becos major suppliers don increase dia ex-depot prices. Dat one dey make people fear say filling station prices go rise again.
Di resumption of Naira truck loading go make product dey available again, afta supply wahala wey happen wen dem suspend am.
Industry people confam say dem don tell marketers about di resumption of gantry operations, and loading go start immediately under di new Naira price arrangement.
Dis one happen less than 24 hours afta di 650,000 barrels-per-day refinery start coastal loading of petrol for higher price.























