Fuel pump price reduced from N145 by oil marketers

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The Independent Petroleum Marketers Association of Nigeria (IPMAN), has instructed all its members nationwide to reduce fuel pump price from N145 per litre to N140.

In a statement signed by the National President, Elder Chinedu Okworonkwo, the reduction was effected as a result of Saturday’s last-minute postponement of presidential and National Assembly elections by INEC, Daily Post reports.

“IPMAN was prompted to slash N5 from the N145 per litre official Petroleum pump price in a bid to motivate Nigerians to return to vote again on Feb. 23.“We urge all our members across Nigeria to immediately reduce the fuel pump price from N145 per litre to N140 per litre.

“This is because of the political situation that hit the country after INEC suddenly announced the postponement of presidential and National Assembly elections after Nigerians were fully prepared.

“We are all aware how Nigerians travelled to different parts of the country in order to exercise their civic duty; unfortunately, they heard a sad news of postponement of the polls,” Okworonkwo said.

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