“Sell Fuel At N162 Per Litre” IPMAN order members.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members in the Southwest region of the country to begin sales of the Premium Motor Spirit (PMS) popularly referred to as petrol at N162 per litre.

Alhaji ‘Dele Tajudeen, the southwest Zonal Chairman of IPMAN,  said his members would be left with no other option than to dispense the product at a price of N162.

The instruction followed the hike in the deport loading price of the product by the federal government, which placed a new price of the product at N151. 56 which is to be implanted from the 2nd of September.

He also explained that since the federal government has placed the price of petrol at N151. 56k, IPMAN has no option than to sell at N162 to be able to meet up with the overhead cost.

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