Marketers reveal the reason for crash in petrol landing cost

  • The Major Energy Marketers Association of Nigeria (MEMAN) has disclosed that the landing cost of petrol significantly
  • The association stated that petrol landing cost dropped to N970 per litre in December from N971 recorded in November
  • The association said that the drop in landing cost was due to the decline in crude oil prices and exchange volatility

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

As a sign of stability, the Major Energy Marketers Association of Nigeria (MEMAN) has revealed that the landing cost of petrol has declined significantly to N970 per litre as of December 2024 from N971 recorded in November this November.