No More Hikes! Dealers Announce Shutting Down Petrol Pumps!

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On Saturday, July 2nd, Pakistan Petroleum Dealers Association announced a complete shutdown of petrol pumps from July 18th to protest against the rising prices of petrol.

In a meeting, Chairman PPDA Abdul Sami Khan discussed that the petrol price hikes and increased cost of electricity have left minimal dealers margin. This decreased profit margin is forcing petrol dealers to shut down their pumps. The PPDA demanded to have at least a 6 percent dealer margin for the dealers to continue their businesses. 

He declared that the protests would commence on July 18th and will go on till their demands were accepted. He said that it is impossible for dealers to continue their businesses despite incurring huge losses. 

He also pointed out that after the tax deduction, dealers only get a margin of Rs3.20 per liter on diesel and Rs3.90 on petrol per liter. The previous government of PTI had promised the PPDA an increased margin of 4.5 percent, but the inflation has caused the dealers to incur losses.

The chairman threatened the current PML-N government to shut down all petrol pumps unless their demand of a 6 percent margin is accepted.

 

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