AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

LAHORE: The Pakistan Petroleum Dealers Association (PPDA) on Tuesday announced to observe a country wide strike from November 05, 2021, to press the government for acceptance of its demands. However, formal announcement about the strike will be made by the Association on October 28 in the federal capital if their demands are not met till that date.

PPDA Secretary Information Khawaja Atif, President Punjab Irfan Ellahi, Jahanzeb Malik, Chaudhry Asim and others announced this while addressing a press conference at Lahore Press Club (LPC) on Tuesday.

They claimed that their profit margin had not been increased since March 2013. They demanded that profit margin for the whole country should be same. A third party audit of expenses of petrol pumps was conducted by the government in 2013 but its report was never made public. They said petrol pumps never observe a holiday and they should be given suitable profit margin.

They said petrol pumps are paying 12.5 per cent advance tax while their profit margin is just 03 per cent. Petroleum products prices are being increased frequently and oil marketing companies stop supply of oil whenever there are rumours of increase in POL prices.

Association's Lahore President Chaudhry Muhammad Asim and Vice President Chaudhry Nauman Majeed alleged that there was no writ of the government as oil companies stop supply of oil to dealers before any hike in the POL prices. They said work timings of depots are till 5:00 pm but trucks of the petrol pumps are forced to leave the depot premises at 4:00 pm.

Copyright Business Recorder, 2021

Comments

Comments are closed.