The Independent Petroleum Marketers Association of Nigeria (IPMAN) has pleaded for time to enable members exhaust their old stock of petroleum products before the new petrol pump price comes into effect.
The Federal Government had on Wednesday announced a downward review of petrol price from N145 to N125, in response to the crash in crude oil price and glut in the international market.
Commending President Muhammadu Buhari for bringing down the price, IPMAN, in a statement on Thursday by its National President, Sanusi Fari, said the reduction in price would go a long way in alleviating the burden of the masses.
Thanking the Petroleum Minister and the management of the NNPC for their roles in the price reduction, IPMAN called on its members to continue to serve members of the public in the overall interest of the nation.
