- Oil marketers have decided to import petrol from abroad, a move aimed at addressing the current prices of petrol
- The marketers believe this decision aligns with full deregulation as outlined in the Petroleum Industry Act.
- Under the deregulation regime, marketers are allowed the freedom to competitively source fuel from any supplier, both locally and internationally
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has hinted at plans to import more petrol from abroad.
