the ipman 4

JUST IN: N1,000/litre: Petrol Landing Cost Hits New Record After Naira to Dollar Rate Crosses Over N1,500

IPMAN spokesman Ukadike Chinedu said it is likely that Nigerians may see a hike in the price of the commodity as inflation and scarcity of Forex persist.

Subsidy is back - IPMAN

$275m, naira equivalent of N169.4 billion as dividends to Nigeria through NNPC Limited for the month of August.

Pumping Up the Price: 4 Reasons Petrol Cost Is Set to Increase Above N700 in Coming Days

Chinedu Okoronkwo, the Independent Petroleum Marketers Association of Nigeria (IPMAN), and he confirmed the imminent price increase due to naira depreciation.

Marketers Hint of N800 Petrol Pump Price Amid Surging Landing Cost, Worsening FX Constraints

In this chain, the independents are beginning to miss from the chain because 4,000 litres of petrol used to be N7.5 million before deregulation, is now about N25 million", Nwaulune said.

BREAKING: FG may increase petrol price to N180 Per Litre

He said these were some of the issues the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, Baru and others would be made to explain to Nigerians at the January 4 hearing.