IPMAN directs marketers to sell fuel at N170 per litre

The Independent Petroleum Marketers Association of Nigeria IPMAN, on Thursday, directed marketers to sell the Premium Motor Spirit (PMS ) for N170 per litre.

This follows an N155.17 ex-depot price to the marketers.

Alhaji Abubakar Maigandi, IPMAN National Vice President, said: “The PPPMC last midnight told us that the ex-depot price is now N155. 17 per litre. We have directed our marketers to sell for N170 per litre.”

According to him, the price will still depend on the forces of demand and supply.