DAILY POST reports that the Federal Government of Nigeria had recently reduced the pump price of petrol from N125 to N123.50k.
Secretary of IPMAN Ibadan branch, Alhaji Ismail Abdul-Majeed in a circular to members of the association, asked members to freely choose between the two selling price bands released by the Petroleum Products Pricing Regulatory Agency . Abdul-Majeed in the circular made available to DAILY POST in Ibadan, said the government reduced the depot price recently from NN133.28k to N113.28k and directed them to sell at N125.
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