The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said petroleum will be sold across the country from Wednesday, February 20th at N140/litre.
A statement released by Chinedu Okoronkwo, IPMAN’s National President, said the slash in price will last five days and end on the 25th of February.
IPMAN says the decision is to encourage many Nigerians to travel to their respective destinations to cast their votes duirng the Saturday February 23rd and March 6th election days.
“IPMAN was prompted to slash N5 from the N145 per litre official Petroleum pump price in a bid to motivate Nigerians to return to vote again on February 23. We urge all our members across Nigeria to immediately reduce the fuel pump price from N145 per litre to N140 per litre.
“This is because of the political situation that hit the country after INEC suddenly announced the postponement of presidential and National Assembly elections after Nigerians were fully prepared. We are all aware how Nigerians travelled to different parts of the country in order to exercise their civic duty; unfortunately, they heard a sad news of postponement of the polls.
“This made us deem it fit to reduce the pump price in order to ease their suffering, and to also motivate them to travel again to exercise their franchise on February 23.” the statement read