The Independent Petroleum Marketers Association of Nigeria, IPMAN, says by Monday, the pump price of petrol will reduce to N935 per litre.
Alhaji Maigandi Garima – IPMAN National President disclosed this in a statement in Abuja.
According to him, the reduction in pump rice follows the marketers’ new deal with Dangote Refinery. He commended Dangote refinery for the development.
He said, “Dangote Refinery has brought another new arrangement of loading and pricing by which marketers would pay a fixed ex-depot price of N899. 50k.
“The refinery is running a programme whereby it wants the fuel consumption across the country to be at the same rate. We are expecting the new arrangement to kick-start on Monday.