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The former Chairman, Major Oil Marketers Association of Nigeria (MOMAN), Tunji Oyebanji has cautioned Nigerians, especially marketers against speculations over petroleum pump price.
Oyetunji said this in an interview with Newsmen on Friday in Lagos.
He was reacting to a recent statement made by the National Controller Operations, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mike Osatuyi, that the pump price would increase to N700 per litre.
On June 28, Osatuyi projected that petroleum pump price could rise to above N700 per liter in the north once independent marketers start importing the products from July.
