"IPMAN was prompted to slash N5 from the N145 per litre official Petroleum pump price in a bid to motivate Nigerians to return to vote again on February 23.
The report also listed the top 5 goods sold by the UK to Nigeria and the top 5 goods sold to the UK by Nigeria. The top 5 products Nigeria sold to the UK include crude oil gas, aircraft, metal ores & scrap, and refined oil.
Chinedu Okoronkwo, the Independent Petroleum Marketers Association of Nigeria (IPMAN), and he confirmed the imminent price increase due to naira depreciation.
He said, "If you look at the marketing plural of petroleum marketers both at MOMAN level, DAPPMAN level even at IPMAN level, how many members of these associations are functioning today?