The Independent Petroleum Marketers Association of Nigeria (IPMAN ) has directed marketers to sell the Premium Motor Spirit (PMS ) for N170 per litre.
The instruction followed Thursday’s night announcement of N155 .17ex-depot price to the marketers.
He also noted the price will still depend on the forces of demand and supply.
NNPC had not announced the price for two months because, according to it, the announcement always generates issues.
Details shortly…