Petroleum marketers meet over pump price review

TRIBUNE

Petroleum marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN), covering Oyo and Osun State are presently holding a meeting in Ibadan, Oyo State capital over the possible review of the current petroleum pump price.

TribuneOnline findings at the IPMAN Secretariat located at Odo-Ona, off Ibadan-Abeokuta expressway, revealed that the meeting was borne out of the recent news making the rounds that pump price of petroleum products particularly Premium Motor Spirit (PMS), otherwise known as petrol will be increased from the current rate.

While some are saying that the price of petrol will be reduced to N557 per litre, Some stakeholders are projecting a N1,226 per litre pump price.

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