Petrol Marketers have reduced the petrol price in Nigeria.
Eko Hot News reports that the president of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, disclosed that the price of Premium Motor Spirit in Nigeria has been reduced.
Maigandi, in an interview with DAILY POST on Wednesday, July 2, 2025, said its members in Northern Nigeria, including Abuja, have slashed PMS prices from Wednesday to between N930 and N940 per litre from N945 and N975.
The IPMAN President said its members dispense petrol at N890 per litre, down from N925, adding that IPMAN members sell fuel at between N950 and N960 in eastern parts of Nigeria.
“Our members have reduced petrol prices on Wednesday following Dangote Refinery’s ex-depot price drop.”
Raniol, Empire Energy, filling stations in Gwarimpa, Abuja, reduced its fuel price to N955 and N945 per litre on Wednesday from N975 and N960 as of Monday.
Similarly, petrol prices have remained unchanged at MRS Filling Station, Nigerian National Petroleum Company Limited retail outlets in Abuja.
This is coming after Dangote Refinery reduced its ex-depot price of petrol to N840 per litre from N880 on Monday.
