According to oil marketers, the price of Premium Motor Spirit (Petrol) in Nigeria is uncertain and hard to forecast. In a Sunday interview with AWARD NOBS, Bill Gillis-Harry, President of the Petroleum Products Retail Outlet Owners Association, or PETROAN, revealed this. In response to rumors that gas prices could reach N1500 per liter by December, Gillis-Harry stated, “Nothing is static.” He claims that because to the deregulation of the oil and gas industry, it is hard to forecast the price of fuel.
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