The Association of Crude Oil Refinery Owners of Nigeria says Nigerians will begin to buy PMS at N300/liter should the nation begin to produce PMS in large volume.
Secretary of the Association – Eche Idoko disclosed this in a statement at the weekend.
According to him, PMS is expensive because Nigeria is not producing.
“If we begin to produce PMS today in large volumes, provided there is adequate crude oil supply, I can assure that we should be able to buy PMS at N300/litre as the pump price,” he said.