Petroleum marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN), covering Oyo and Osun States, are currently holding a critical meeting in Ibadan, the Oyo State capital, to discuss the potential review of the current petroleum pump price......Read The Full Article>>.....Read The Full Article>>
The meeting is currently ongoing at the IPMAN Secretariat, located at Odo-Ona, off the Ibadan-Abeokuta expressway.
The meeting is in response to circulating reports suggesting a significant change in the pump price of petroleum products, particularly Premium Motor Spirit (PMS), commonly known as petrol.
There are conflicting projections regarding the new petrol price. Some sources suggest a possible reduction to N557 per litre, while other stakeholders are forecasting a substantial increase to N1,226 per litre.
The outcome of the meeting is highly anticipated, as any decision made could have significant implications for consumers and the broader economy.
