Tag Archives: Petrol Price

IPMAN laments sale of petrol for N102/litre by private depots

The Independent Petroleum Marketers of Nigeria (IPMAN) yesterday raised a fresh alarm that private depot owners are selling Premium Motor Spirit (PMS) for N102 per litre, The Nation reports. Following the new price regime which the Petroleum Products Pricing Regulatory Agency (PPPRA) activated last month, depots were expected to sell the product to marketers at…
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Marketers provide reasons for selling petrol above N86.50

It appears that the reason why many filling stations across the country have refused to comply with the Federal Government’s directive to sell a litre of petrol for N86.50 as against the old pump price of N87 is because most of them had stockpiled the product in anticipation of a likely price increase by the…
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Petrol to sell for N86.5 from January 1st

The Petroleum Product Pricing Regulatory Agency (PPPRA) announced on Tuesday, that filling stations belonging to the Nigerian National Petroleum Corporation (NNPC) will from January 1, 2016 sell petrol for N86 per litre, while other stations belonging to different groups of marketers will sell the commodity for N86.5 per litre, The Punch reports. The agency also…
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