Lagos, Nigeria – January 5, 2025: Industry experts have predicted a significant reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, in 2025. According to the Independent Petroleum Marketers Association of Nigeria (IPMAN), petrol prices may drop below ₦500 per litre, a substantial decrease from the current range of ₦900 to ₦950 per litre.
The National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr. Ukadike Chinedu (more…)