BREAKING: Petrol pump price hits N170 per litre

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed marketers to sell the Premium Motor Spirit (PMS) for N170 per litre.

IPMAN’s national vice president, Abubakar Maigandi, gave the instruction following Thursday night’s announcement of N155.17 former 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.