HomeBusinessFresh petrol price cut coming? IPMAN hints fuel could sell below N800

Fresh petrol price cut coming? IPMAN hints fuel could sell below N800

This post was originally published on this site.

IPMAN says petrol prices are expected to fall further once independent marketers begin buying fuel directly from the Dangote RefineryThe association believes direct supply will increase competition, reduce distribution costs, and improve fuel availabilityIPMAN says petrol prices could drop below N800 per litre if marketers continue to buy products at lower prices

Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed optimism that petrol prices will decline further once its members begin purchasing fuel directly from the Dangote Refinery.

Speaking with the News Agency of Nigeria (NAN), IPMAN President Elijah Shettima said securing direct access to refined petroleum products from the refinery remains the association’s top priority.

Petrol Price May Crash Below N800 as IPMAN Reveals Dangote Refinery PlanNigerians May Soon Buy Petrol Cheaper as IPMAN Backs Dangote Direct Supply
Source: UGC

According to him, removing intermediaries from the supply chain will improve product availability and create room for

RELATED ARTICLES
- Advertisment -spot_img

Most Popular

- Advertisment -spot_img
- Advertisment -spot_img