Competitive Prices: Marketers Address Anticipated Scarcity of Fuel Ahead of Christmas [Video]

• Marketers warn Nigerians to avoid panic buying since there is a sufficient supply of petroleum in the country
• The Dangote Petroleum Refinery was commended for lowering the cost of their PMS gasoline to N899.50k per litre
• Members have been advised to adjust their pumps to the new pump price in order to attract more customers

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Nigerians are advised by the Independent Petroleum Marketers Association of Nigeria (IPMAN) to refrain from panic buying because the nation has an adequate supply of fuel.

This was said on Sunday in Abuja by IPMAN Publicity Secretary Ukadike Chinedu.

He praised the Dangote Petroleum Refinery for bringing down the price of its gasoline, or Premium Motor Spirit (PMS), to N899.50k per litre.

Ahead of the Yuletide holidays, he claimed that the gesture will assist Nigerians in lowering their transportation expenses.

”You see, that is …