Petrol Prices Begin To Drop As Competition Increases – IPMAN

Petrol Prices Begin To Drop As Competition Increases – IPMAN …C0NTINUE READING HERE >>>

The deregulation of Nigeria’s downstream oil sector has triggered a gradual reduction in petrol prices, according to the Independent Petroleum Marketers Association of Nigeria (IPMAN) and major oil marketers.

Henzodaily understands that competition among oil marketers, fueled by deregulation, has started lowering pump prices.

This development comes as the Nigerian National Petroleum Company Limited (NNPCL) and other operators imported over 2 billion litres of Premium Motor Spirit…

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