• Hike in petrol price inevitable – IPMAN

    Hike in petrol price inevitable – IPMAN

    The speculation about possible increase in price of Premium Motor Spirit, PMS, otherwise known as petrol, may hold some water as the Independent Petroleum Marketers Association of Nigeria, IPMAN, yesterday warned of a threat to product availability in the country.

    This came as expert blamed marketers of insensitivity to price moderation when government placed a cap on petrol price in May.

    But, other operators have argued that the price of petrol was driven by economic variables, which could not be altered for […]