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Petrol marketers set to meet, deliberate on pricing

Petroleum marketers have revealed plans to meet with the Department of State Services (DSS) on Wednesday, October 9, 2024, to address concerns over the pricing and availability of Premium Motor Spirit (PMS), commonly referred to as petrol.

The President of the Independent Petroleum Marketers Association of Nigeria (IPMAN) made this known in an interview with pressmen on Monday.

Though he did not provide specific details, he confirmed the meeting would focus on petrol pump prices and supply issues affecting oil marketers.

“I have a meeting with the DSS on Wednesday regarding petrol prices and ensuring availability for our members,” he said.

When asked for further details, the IPMAN president stated that more information would be available after the meeting.

This meeting comes as Nigerians are currently paying between N950 and N1,200 or more for petrol across the country.

In related news, the Nigerian National Petroleum Company Limited (NNPCL) recently ended its role as the sole off-taker of products from Dangote Refinery.

This followed the commencement of petrol distribution by Dangote Refinery in September, coinciding with an increase in petrol pump prices by NNPCL.

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