• Home
  • About Us
  • Our Team
  • Privacy Policy
  • Cookie Policy (EU)
  • Terms and Conditions
Monday, June 30, 2025
ELANHUB MEDIA
  • Home
  • News
    • Politics
    • Sports
    • World News
    • Opinion
  • Education
    • Lecture Notes
    • STUDY GUIDE
  • Entertainment
    • Celebrity Trends
    • Movies
    • Music
    • Short Stories
  • Lifestyle
    • Fashion
    • Food
    • Travel
  • Science
    • Covid Diary
    • COVID-19
  • Devotionals
    • Daily Manna
    • ESOCS Daily Devotional
    • Open Heaven
    • Rhapsody of Realities
No Result
View All Result
  • Home
  • News
    • Politics
    • Sports
    • World News
    • Opinion
  • Education
    • Lecture Notes
    • STUDY GUIDE
  • Entertainment
    • Celebrity Trends
    • Movies
    • Music
    • Short Stories
  • Lifestyle
    • Fashion
    • Food
    • Travel
  • Science
    • Covid Diary
    • COVID-19
  • Devotionals
    • Daily Manna
    • ESOCS Daily Devotional
    • Open Heaven
    • Rhapsody of Realities
No Result
View All Result
ELANHUB MEDIA
Home News

Fuel Price Could Crash to N550 If… – IPMAN

Stanley Uhegbu by Stanley Uhegbu
June 20, 2024
in News
0

Photo Credit: Elan Pics

0
SHARES
22
VIEWS
Share on FacebookShare on Twitter

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the price of fuel could crash to N550 when the Dangote refinery is fully operational.

Public Relations Officer of IPMAN, Chinedu Ukadike, made this known in a statement yesterday.

According to him, marketers were expecting that the refinery would sell petrol between N480 and N500, adding that once that happens, oil marketers would sell at a pump price of between N515 and N550 depending on the location.

“We are happy. We congratulate Dangote. What he has done in diesel, is good enough because since he came in, diesel has remained within the benchmark of N1,000 and N1,100. “So that has helped marketers and transporters to be able to move their petroleum products and reduce unnecessary expenses and costs.

“Diesel was almost N1,600 until Dangote announced its price to N1,200 and later N900 per litre, it will give marketers a sense of belonging and enhance competition in terms of the distribution in the down stream chain. “Definitely there will be a reduction in petrol price. We are anticipating and optimistic that Dangote will give us petrol at the price regime of around N480 and N500 and once that is done, we are good to go. Once that is done, we could sell between N515 and N550 depending on the location,” he said.

Share this:

  • Tweet
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...
Tags: #elanhub.netDangoteIPMAN
Previous Post

IGP Orders Rivers CP to Commence Investigation Into Killing of Officer, Vigilante Member

Next Post

Osimhen Ban: This is Not The Time to Spread Falsehood – NFF Warns

Stanley Uhegbu

Stanley Uhegbu

Next Post
Osimhen Ban: This is Not The Time to Spread Falsehood – NFF Warns

Osimhen Ban: This is Not The Time to Spread Falsehood - NFF Warns

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
RSG Donates Transformer, Generator to Radio Rivers, Promises Steady Power Supply

Rivers State Rolls Out Electric Cars to Revolutionize Transportation 

January 25, 2025
PORT HARCOURT GARDEN CITY ON A ROUTE TO MEGACITY, AS GOV FUBARA PLANS TO OPEN UP OTHER CITIES

PORT HARCOURT GARDEN CITY ON A ROUTE TO MEGACITY, AS GOV FUBARA PLANS TO OPEN UP OTHER CITIES

October 12, 2023
Breaking: Mr Ibu Reported Dead

Breaking: Mr Ibu Reported Dead

March 2, 2024

UN Recognizes Rivers State University as International Training Hub

January 29, 2025
How to Write a News Report – Part 1

How to Write a News Report – Part 2

497
Artwork for the Lecture Notes on the Rules of Language

LANGUAGE, MEANING & CULTURE (Part 2)

400
RVSG lauds media organisation for role in good governance

COVID-19: RVSG Charges Media Houses on Public Enlightenment

55
Artwork for So, You Think You're a Film Critic? The Audacity!

SO, YOU THINK YOU’RE A FILM CRITIC? THE AUDACITY!

31
Hotelier Criticises Port Harcourt Comedians Over Real Estate Show Collaboration

Hotelier Criticises Port Harcourt Comedians Over Real Estate Show Collaboration

June 30, 2025

Retired Police Officers Declare Nationwide Protest Over Pension Crisis, Stirring Heated Reactions Online

June 30, 2025
Dumnamene Criticises New Fubara-Wike Peace Deal, Describes It as Punishment for Defiance

Dumnamene Criticises New Fubara-Wike Peace Deal, Describes It as Punishment for Defiance

June 29, 2025

Suspected Herdsmen Ambush Police in Benue, Three Officers Feared Dead

June 29, 2025

Recent News

Hotelier Criticises Port Harcourt Comedians Over Real Estate Show Collaboration

Hotelier Criticises Port Harcourt Comedians Over Real Estate Show Collaboration

June 30, 2025

Retired Police Officers Declare Nationwide Protest Over Pension Crisis, Stirring Heated Reactions Online

June 30, 2025
Dumnamene Criticises New Fubara-Wike Peace Deal, Describes It as Punishment for Defiance

Dumnamene Criticises New Fubara-Wike Peace Deal, Describes It as Punishment for Defiance

June 29, 2025

Suspected Herdsmen Ambush Police in Benue, Three Officers Feared Dead

June 29, 2025
  • Home
  • About Us
  • Our Team
  • Privacy Policy
  • Cookie Policy (EU)
  • Terms and Conditions
Follow Us on Socials

© 2023 Elanhub - Designed and Developed by Elanhub Media.

No Result
View All Result
  • Home
  • News
    • Politics
    • Sports
    • World News
    • Opinion
  • Education
    • Lecture Notes
    • STUDY GUIDE
  • Entertainment
    • Celebrity Trends
    • Movies
    • Music
    • Short Stories
  • Lifestyle
    • Fashion
    • Food
    • Travel
  • Science
    • Covid Diary
    • COVID-19
  • Devotionals
    • Daily Manna
    • ESOCS Daily Devotional
    • Open Heaven
    • Rhapsody of Realities

© 2023 Elanhub - Designed and Developed by Elanhub Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
%d
    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkNoPrivacy policy