By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: IPMAN Debunks Rumours Of Nationwide Petrol Price Hike
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | IPMAN Debunks Rumours Of Nationwide Petrol Price Hike

Business

IPMAN Debunks Rumours Of Nationwide Petrol Price Hike

Olaitan Sodiq
Olaitan Sodiq
Published: June 12, 2025
Last updated: June 12, 2025
2 Min Read
Share
Again, NNPC Increases Fuel Price
SHARE
  • The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied rumours of a nationwide increase in petrol prices.

  • Bashir Salisu Tahir, Chairman of IPMAN’s Northwest Chapter, stated that petrol prices are determined by the market.

  • Tahir attributed the recent rise in diesel prices to market dynamics.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted claims of an impending increase in petrol prices nationwide.

In an interview with the Voice of America, Bashir Salisu Tahir, Chairman of IPMAN’s Northwest Chapter, dismissed the rumours, stating, “The market now determines prices, and there is no truth to the rumours of an increase in petrol prices.”

Tahir explained that the recent rise in diesel prices was due to market dynamics, but expressed optimism that prices will fall when market conditions improve.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

READ ALSO: Fuel scarcity: Why We Can No Longer Sell At N165/litre – IPMAN

“While diesel prices have risen recently due to market dynamics, they will naturally fall when market conditions improve,” he said.

IPMAN Debunks Rumours Of Nationwide Petrol Price Hike
IPMAN Debunks Rumours Of Petrol Price Hike

The IPMAN chairman also highlighted the resumption of operations at the nation’s refineries, which is expected to contribute to a reduction in fuel prices.

With local refineries now operational, Tahir expressed confidence that petrol prices will stabilize and decrease, bringing relief to consumers.

Dangote Refinery’s Petrol Production Impacts European Market – OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) has reported that the Dangote Petroleum Refinery’s efforts to ramp up petrol production are impacting the European petrol market.

According to OPEC, the refinery’s petrol exports to the international market will likely weigh further on the European gasoline market.

Continue Reading Here

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Fuel HikeIPMANTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Ballon d’Or winner Aitana Bonmati hospitalised with viral meningitis | Daily Report Nigeria
Ballon d’Or winner Aitana Bonmati hospitalised with viral meningitis
Sports
Who is Dr. George Elombi? Incoming Afreximbank President | Daily Report Nigeria
Who is Dr. George Elombi? Incoming Afreximbank President
Fact File
Police Arrest 100 Gay Wedding Attendees in Delta
Akwa Ibom APC Chairman Killed In Brawl With PDP Supporters Over Largesse
Metro
Filmmaker Kayode Peters Dies in Canada | Daily Report Nigeria
Filmmaker Kayode Peters Dies in Canada
Entertainment
10 Things to Know About Late Kano-Born Business Mogul, Aminu Dantata | Daily Report Nigeria
10 Things to Know About Late Kano-Born Business Mogul, Aminu Dantata
News

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Kwankwaso Making moves to Join APC - Buhari’s Ally, Kwamanda Reveals | Daily Report Nigeria
Politics

Kwankwaso Making moves to Join APC – Buhari’s Ally, Kwamanda Reveals

June 13, 2025
Jonathan Tasks Politicians on Unity, Love | Daily Report Nigeria
News

Jonathan Tasks Politicians on Unity, Love

June 14, 2025

NDLEA Nabs Nollywood Filmmaker For Drug Trafficking

January 6, 2025
Tambuwal Resigns as PDP Governors Forum Chairman
Politics

Tambuwal Blasts APC, Attributes PDP Defections to ‘Stomach Infrastructure’

June 14, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?