FNTTE urges govt to adjust petro prices for festivals

KATHMANDU: The Federation of Nepalese National Transport Entrepreneurs (FNNTE) has demanded the government adjust the prices of petroleum products prior to the festivals. Issuing a press statement, the FNNTE urged the government to ensure a respite to the people at festival times as they are hit hard by the skyrocketing prices of petroleum products. The Federation wants the government to slash the prices of petroleum products in line with its falling prices in the international market.  "The Nepal Oil Corporation goes with the old price list when the prices have already dropped three times in the international market," the Federation said. It is unfortunate to have the price list unchanged following the price drop in the international prices, according to the Federation. "The public transport sector which greatly suffered an economic loss due to Covid-19 pandemic has to clamour for the adjustment of fuel prices instead of getting a relief for the loss," the statement said. FNNTE Chair Bijay Bahadur Swar said transport entrepreneurs are largely affected by the unexceptional rise in motor vehicle tax, bank interest, route- permit charge, vehicle-test insurance and motor engines. The price should be quickly revised as per the international market. By RSS READ ALSO:

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