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Petrol price may increase to N180/litre in Lagos, Ibadan, other S/W areas

Alhaji Dele Tajudeen, IPMAN’s Zonal Chairman, made the announcement while speaking to journalists in Abeokuta, the capital of Ogun State, IgbereTV reports

He claimed that his members had been unable to obtain supplies of the products from any of the six government-owned depots for the past six months, forcing them to purchase from private depot owners who had continued to take advantage of the situation.

The federal government’s depots in Mosimi, Sagamu, Ogun State, as well as those in Ibadan, Lagos, Ore, Ondo State, and Ilorin, Kwara State capital, had all refused to load any of the Independent Marketers, according to Tajudeen.

 

According to him, this development has forced his members to begin buying from private depot owners since January 2022.

The IPMAN Zonal Chairman went on to say that because the products were not available at government depots, these private depot owners opted to raise the loading price to between N157 and N158, “minus the transportation cost to our various destinations.

“So, by the time we add the cost of transportation to the purchasing amount, we will be arriving at a sum above N165, which is the government approved pump dispensing price

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