Fuel, diesel pump prices to drop further in Nigeria – Marketers 

The pump prices of Premium Motor Spirit, PMS, besides known arsenic petrol, and Automotive Gas Oil, AGO, commonly known arsenic diesel, are expected to driblet by up to N50 and N80 per litre, respectively, successful the coming days.

This follows Dangote Refinery’s determination connected Wednesday to reduce its gantry prices for petrol and diesel by N50 and N80, bringing them down to N1,165 per litre and N1,570 per litre, respectively.

Reacting to the development, the President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Abubakar Maigandi, told DAILY POST that the interaction of Dangote Refinery’s latest substance terms simplification would beryllium reflected successful the retail pump prices of petrol and diesel by the play oregon Monday.

“Petrol pump prices volition driblet further arsenic soon arsenic we statesman lifting caller products nether Dangote Refinery’s caller pricing template,” helium told DAILY POST.

A manager astatine an MRS filling presumption successful Abuja, who preferred anonymity, said the retail outlet mightiness trim its petrol pump terms by N50, from N1,265 to N1,215 per litre, from this play oregon Monday.

“Our filling stations...