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Oil Marketers Beg FG For Tax Holidays, Agree To N145

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Oil marketers agree to leave petrol pump price at N145.

Oil marketers has agreed with the federal government to allow the pump price of petrol to remain at N145 per litre, and call for tax holidays.

The Chairman, Depot and Petroleum Products Marketers Association, Dapo Abiodun, had on Tuesday said that the marketers could no longer import petrol at a controlled price of N145 per litre.

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But the marketers revoked their decision in Abuja on Wednesday at the meeting set up by the federal government to get the oil markerters commence importation of refined petroleum products.

Naija News gathered that the marketers also pleaded with the Federal Government to grant them tax holidays and other incentives that would help reduce the costs of fuel importation.

Four sub-committees were constituted at the meeting, chaired by the Minister of State for Petroleum Resources, Ibe Kachikwu, at the ministry’s headquarters in Abuja.

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A source anonymously disclosed to Punch, “Four sub-committees were inaugurated by the minister and we agreed on a price that is good for Nigerians, which of course, is the current price. All these and more will be in the communique that will be released soon.”