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Private Depots Slash Petrol Prices Following Dangote Refinery's Price Slash
Private petroleum depot owners in Lagos have reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, by about ₦118 per litre, representing a cut of roughly 14 per cent, following recent price reductions by the Dangote Refinery. Businessman Aliko Dangote said on Monday that “we are going to use whatever resources we have to make sure that we crash the price down. We…
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'Private Depots Should Be Blamed Over Hike In Fuel Price' - IPMAN
‘Private Depots Should Be Blamed Over Hike In Fuel Price’ – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Western Zone, has attributed the increase in the pump price of Premium Motor Spirit (PMS) to the hike in private depot prices. Alhaji Dele Tajudeen, Chairman, IPMAN Western zone, disclosed this against the backdrop of the ongoing fuel scarcity on Tuesday in Lagos. Tajudeen, while condemning the increase, said that there had been…
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