The Independent Petroleum Marketers Association of Nigeria, IPMAN, has announced that the pump price of petrol will reduce to 935 naira per litre from today.

The development, according to IPMAN, follows the marketers’ new deal with Dangote Refinery.

IPMAN National President, Alhaji MAIGANDI GARIMA, who made this known yesterday in Abuja, commended the Dangote refinery for the development.

According to him, the new price was necessitated by the reduction in Dangote Refinery’s fuel ex-depot price and uniform arrangement, which would enable marketers to sell at 935 naira in their outlets nationwide.