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Home » IPMAN to Review Petroleum Products’ Prices Upward 
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IPMAN to Review Petroleum Products’ Prices Upward 

Abimbola OgunaikeBy Abimbola OgunaikeSeptember 3, 2026Updated:September 3, 2026No Comments2 Views
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Motorists should expect to pay more for petrol as the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday, 3 September, 2026 announced that filling stations across the Federal Capital Territory (FCT) will begin reviewing the product pump prices in the coming days.

The development comes after Dangote Refinery increased its gantry, or ex-depot, price from N1,165 per litre to N1,185, N1,200 and N1,265 within the last week.

The increases have been reflected in petrol pump prices across filling stations in the FCT.

The National Publicity Secretary of IPMAN, Chinedu Ukadike, who made this disclosure during an interview with the News Agency of Nigeria on Thursday, 3 September, 2026 in Abuja, said marketers were preparing to review their prices and sales strategies as new petrol products enter the market.

Ukadike said the timing remained uncertain, as marketers had yet to receive a definite date for the products’ arrival.

“Once the new products begin arriving, marketers are expected to respond quickly by reviewing their prices and updating their product offerings.

“After this process, when we make purchases tomorrow or the day after tomorrow, as soon as it starts, we will adjust our prices and begin making the new products available to consumers.

“The purchases can begin in few days, depending on when the process officially commences,” IPMAN scribe said, just as he also added that the adjustments would be made in line with existing rules and regulations.

With this plan increase, many motorists have expressed concern over the rising pump prices and urged the Federal Government to intervene by stabilising fuel prices.

 

Independent Petroleum Marketers Association of Nigeria (IPMAN) Petrol Price Petrol Pump Price
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Abimbola Ogunaike

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