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Home Business

Petroleum dealers will be on nationwide strike tomorrow

by Web Desk
November 24, 2021
in Business, Economy, Main
Reading Time: 2 mins read
0
PM Imran Khan rejected petrol price hike of Rs 11
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Pakistan Petroleum Dealers Association (PPDA) has now announced that they will convene a nationwide strike on the 25th of November due to low profit margins on the selling of petrol.

The public and the government of Pakistan have to deal with even more problems regarding petrol in the country.

On November 21st Sunday the officials of the PPDA said

“The government had failed to meet their previous demands and thus the time for any type of negotiation had passed. All the petrol pumps across Pakistan, including the ones in Kashmir and Gilgit-Baltistan, will remain closed on Thursday 25th. The strike may get prolonged for an unspecified period, if the Government of Pakistan fails to comply or gives false hope.”

This is not the first time Petroleum dealers has threatened to call a nationwide strike since the Petrol prices peaked worldwide. They had a similar stance 3 weeks ago and were ready to go on a nationwide strike, but the government reached an agreement with them. The agreement stated that the profit margin on the sale of petroleum products will be increased by 6%.

PPDA chairman Abdul Sami Khan said:

“The Petroleum dealers have been in a financial mess on the high cost of business and low profit margins. We demand the government to cancel our petrol licenses, nearly 50% of the petrol pumps will shut down permanently due to this and no one will reapply for acquisition”

The problems regarding petrol have now further escalated in the country as the pressure on the government and the public continues to rise.

Tags: Pakistan Petroleum Dealers AssociationPPDA
Web Desk

Web Desk

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