The Chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN), South-West branch, Dele Tajudeen, has dismissed claims on the planned increase of fuel price to N700 per litre.
Tajudeen, who addressed journalists on Friday in Lagos, said filling stations would continue to maintain the current price of fuel, adding the report of petrol litre rising to N700 was just a speculation.
The price of fuel increased from N189 to above N500 per litre in June following President Bola Tinubu’s announcement on the removal of fuel subsidy in his May 29 inaugural address.
