BREAKING
IMPROVED POWER SUPPLY THREATENS OIL MARKETERS PROFIT
By Hallmarknews
Sep 5, 2022 849 AM
...as filling stations lament of low sales
Oil marketers revenue from the sales of Premium Motor Spirit PMS, popularly known as petrol and diesel are being squeezed to record low, as Nigerians continued to experience improved power supply, Business Hallmark can report.
The pressure from lower fuel sales and revenue drop comes as businesses and homes cut diesel and petrol consumption as power generation reached a record high of 5,043 megawatts on Thursday, 1st September 2022, an increase of 8.1 compared to 4,664MW recorded on 31st August, 2022.
The Lagos Commissioner for Energy and Mineral Resources, Olalere Odusote, it would be recalled,
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