Tag: Marketers

Why We May Not Buy Petrol From Dangote – Marketers

Abibat Babalola

▪️’What Nigerians need to know on future petrol price,’ IPMAN President offers insight on business strategy, moves by marketers         Oil marketers are concerned about the delay in announcing the price of Premium Motor Spirit, popularly called petrol, being produced by the Dangote Petroleum Refinery, as they noted that the landing cost of imported PMS is now about N1,120/litre. Dealers stated that a high PMS price from the Dangote refinery would lead to the importation of the commodity by marketers since the government has opened up the…

Read More

Petrol Landing Cost Soars To N1,117 /Liter

Ganiyu Amodu

‘Diesel landing cost is N1,157 per liter, Aviation Turbine Kerosene (ATK) N1,217 per liter;” Major marketers speak on new price, promise to publish daily cost survey   The Major Energy Marketers Association of Nigeria (MEMAN) has estimated the current landing cost for Premium Motor Spirit (PMS), also known as petrol at N1,117 per liter. Platforms Africa reports that petrol is sold for between N580 per liter to N800 per liter at the filling stations depending on the location, indicating a surge in subsidy payment by the government. Petrol Subsidy: Nigerian…

Read More