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: Petrol Price to Sell at ₦935/Litre Today – IPMAN
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 | Petrol Price to Sell at ₦935/Litre Today – IPMAN

Business

Petrol Price to Sell at ₦935/Litre Today – IPMAN

Olaitan Sodiq
Olaitan Sodiq
Published: June 6, 2025
Last updated: June 6, 2025
2 Min Read
Share
Queues Return as Fuel Price Hits N1000 in Abuja
SHARE

The Independent Petroleum Marketers Association of Nigeria has announced that petrol will sell for ₦935 per litre beginning from Monday.

This development follows a price war between the Dangote Petroleum Refinery and the Nigerian National Petroleum Company Limited, which has led to a reduction in the ex-depot price of petrol.

The National President of IPMAN, Maigandi Garima, stated that the association’s members would sell petrol at ₦935 per litre, incurring a logistics cost of ₦36.

According to Garima, “Dangote refinery has brought another new arrangement of loading and pricing by which marketers would pay a fixed ex-depot price of ₦899.50k. The refinery is running a programme whereby it wants the fuel consumption across the country to be at the same rate.”

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

He noted that over 30,000 IPMAN members are set to commence petrol loading from the Dangote Petroleum Refinery and the Port Harcourt Refining Company following the reduction of the ex-depot price of petrol to ₦899 per litre.

The IPMAN National Publicity Officer, Chinedu Ukadike, said the price reduction would benefit Nigerians, as it would reveal the true cost of petrol production and logistics expenses.

Ukadike stated, “The fight to control market share between NNPCL and Dangote is healthy for Nigerians because, at the end of the day, we would know the actual cost of PMS production and the amount spent on logistics.”

READ ALSO: Dangote Partners MRS to Sell Petrol at ₦935/Litre Nationwide

The development has been hailed by many Nigerians, who expressed optimism that the price reduction would stimulate economic growth and increase fuel availability.

However, some critics argued that the price reduction was not significant enough, while others expressed concerns about the potential for price fluctuations in the future.

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Dangote RefineryTop 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

U.S. Bombs Three Iranian Nuclear Sites — Fordow, Natanz, Isfahan | Daily Report Nigeria
U.S. Bombs Three Iranian Nuclear Sites — Fordow, Natanz, Isfahan
News
Club World Cup: Inter Milan Leave It Late to Beat Urawa | Daily Report Nigeria
Club World Cup: Inter Milan Leave It Late to Beat Urawa
Sports
NNPCL Spokesperson Olufemi Soneye Resigns | Daily Report Nigeria
NNPCL Spokesperson Olufemi Soneye Resigns
Business
Four Clubs Banned from UEFA Competitions | Daily Report Nigeria
Four Clubs Banned from UEFA Competitions
Sports
EFCC Arrests Benue Governor’s Aide Over Sextortion, Cyberbullying of Female Students | Daily Report Nigeria
EFCC Arrests Benue Governor’s Aide Over Sextortion, Cyberbullying of Female Students
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

BREAKING: Lagos Shutdown Event Centre Over Petrol Souvenir | Daily Report Nigeria
News

BREAKING: Lagos Shutdown Event Centre Over Petrol Souvenir

June 14, 2025
EFCC Uncovers Religious Sect Laundering Terrorists Money | Daily Report Nigeria
News

EFCC Uncovers Religious Sect Laundering Terrorists Money

June 14, 2025
2023: Former Bauchi Governor’s Son Joins Guber Race | Daily Report Nigeria
Politics

2023: Former Bauchi Governor’s Son Joins Guber Race

June 14, 2025
Army Rejects Amnesty For Bandits, Terrorists | Daily Report Nigeria
News

Army Rejects Amnesty For Bandits, Terrorists

June 15, 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?