Marketers To Review Fuel Price At Filling Station To N557 Or N1226 Per Litre

Petroleum marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN), covering Oyo and Osun State held a meeting in Ibadan, Oyo State capital over the possible review of the current petroleum pump price.

Marketers To Review Fuel Price At Filling Station To N557 Or N1226 Per Litre

According to reports, findings revealed that the meeting was borne out of the recent news making the rounds that the pump price of petroleum products particularly Premium Motor Spirit (PMS), otherwise known as petrol will be increased from the current rate.

While some say that the petrol price will be reduced to N557 per litre, some stakeholders are projecting a N1,226 per litre pump price.

The meeting outcome is highly anticipated, as any decision made could have significant implications for consumers and the broader economy.