The Independent Petroleum Marketers Association of Nigeria(IPMAN) has disclosed that price of Premium Motor Spirit in the country has been reduced nationwide, reports Business Today NG
IPMAN President Abubakar Maigandi, who made this disclosure during an interview with an online medium on Wednesday, 2 , 2025 said its members in Northern Nigeria, including Abuja, have slashed PMS prices from Wednesday to between N930 and N940 per litre from N945 and N975.
According to Maigadi, In Lagos State, its members dispense petrol at N890 per litre, down from N925. , just as he alsoadded that IPMAN members sell fuel at between N950 and N960 in eastern parts of Nigeria.
“Our members have reduced petrol prices on Wednesday following Dangote Refinery’s ex-depot price drop.”
Recall that on Monday, 30 June, 2025, Dangote Refinery reduced its ex-depot price of petrol to N840 per litre from N880.
