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IPMAN opens up on recent petrol price hike

IPMAN to implement new petrol price from Monday

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged Nigerians not to panic with the news of increase in the price of the Premium Motor Spirit (PMS). The National President, IPMAN, Alhaji Abubakar Shettima, disclosed this on Monday in Ibadan at the inauguration of the Ultra Modern Secretariat of IPMAN Western Zone. According to … Read more

Fuel price will increase if international oil price goes up – Lokpobiri

BREAKING: Lokpobiri makes shocking revelation on Kaduna Refinery

Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil) has disclosed that the pump price of fuel may go up if the international oil price goes up. Lokpobiri made this known while briefing newsmen shortly after the inaugural Petroleum Industry Stakeholders’ Forum held by the ministry on Thursday in Abuja. The forum … Read more

High expectations as Marketers set to load petrol from Warri Refin

Don't give us P'Harcourt prototype, Arewa youths

Oil marketers have started loading Automotive Gas Oil (diesel), and Kerosene from the Warri Refining and Petrochemical Company. Dealers confirmed this during the weekend, as they demanded Premium Motor Spirit (petrol) from the recently rehabilitated plant. WRPC, under the management of the Nigerian National Petroleum Company Limited, came on stream on December 30, … Read more

Petrol Prices May Drop Below ₦500 Per Litre In 2025

Anambra Govt To Shut Down Fuel Stations Over Price, Meter Adjustments

Industry experts on Saturday, predicted a significant reduction in the price of Premium Motor Spirit (PMS), popularly known as petrol, in 2025, with prices potentially dropping below ₦500 per litre. The current price of petrol ranges between ₦900 and ₦950 per litre across various fuel stations. The anticipated price drop is attributed to a robust … Read more

Petrol stations begin adjusting pumps to lower fuel price

IPMAN to implement new petrol price from Monday

Petrol stations across the country have started adjusting their pumps to reflect the new price of Premium Motor Spirit (PMS) and sell at a lower rate, after Dangote refinery reduced the price of the commodity to N899.50k per litre. TheNewsGuru.com (TNG) reports Independent Petroleum Marketers Association of Nigeria (IPMAN) confirmed this in Abuja on … Read more

IPMAN to implement new petrol price from Monday

IPMAN to implement new petrol price from Monday

The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the price of petrol will drop to N935 per litre by Monday in view of Dangote Refinery’s new arrangement. IPMAN said the new price was necessitated by the reduction in Dangote Refinery’s fuel ex-depot price and uniform arrangement, which would enable marketers to sell at N935 … Read more

Nig Customs Service auctions intercepted petrol at N630 per litre

Nig Customs Service auctions intercepted petrol at N630 per litre

The Nigerian Customs Service (NCS) on Saturday auctioned about 20,000 liters of Premium Motor Spirit (PMS), also known as petrol, at N630 per liter in Ibadan, the Oyo State capital. The product, intercepted from smugglers, was sold to the public at Afoo Filling Station, Masfala area. The National Coordinator of Operation Whirlwind, Comptroller Hussein Ejibunu, … Read more