{"id":163698,"date":"2025-05-22T23:07:00","date_gmt":"2025-05-22T22:07:00","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman"},"modified":"2025-05-23T00:12:24","modified_gmt":"2025-05-22T23:12:24","slug":"petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman","title":{"rendered":"Petrol marketers may lose N25\/litre on Dangote Refinery\u2019s fresh fuel price drop \u2013 IPMAN"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said its members may lose between N20 and N25 per litre, amounting to billions of naira, amid Dangote Refinery\u2019s latest premium motor spirit price cut announcement.<\/p>\n<p>The spokesperson of IPMAN, Chinedu Ukadike, disclosed this in an exclusive interview .<\/p>\n<p>He was reacting to Dangote Refinery\u2019s fresh N15 drop in the retail price of petrol.<\/p>\n<p>He said marketers face a lose-win situation following the price war between Dangote Refinery and other players in Nigeria\u2019s downstream oil and gas sector.<\/p>\n<p>\u201cFor us, the independent marketers, it is a lose-win situation.<\/p>\n<p>\u201cThe loss is that those who have already gotten petrol products from Dangote Refinery or its partners will have to lose a N20 to N25 margin per litre and revert to the new price,\u201d he said.<\/p>\n<p>Ukadike said Dangote Refinery\u2019s ultimate reason for reducing its petrol price is to gain control of the buying and distribution of petroleum products in Nigeria.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said its members may lose between N20 and N25 per litre, amounting to billions of naira, amid Dangote Refinery\u2019s latest premium motor spirit price cut announcement. The spokesperson of IPMAN, Chinedu Ukadike, disclosed this in an exclusive interview . He was reacting to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":163697,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1455,254,2000],"class_list":["post-163698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-ipman","tag-nigeria","tag-petrol"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Petrol marketers may lose N25\/litre on Dangote Refinery\u2019s fresh fuel price drop \u2013 IPMAN - Nigeria<\/title>\n<meta name=\"description\" content=\"The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said its members may lose between N20 and N25 per ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Petrol marketers may lose N25\/litre on Dangote Refinery\u2019s fresh fuel price drop \u2013 IPMAN\" \/>\n<meta property=\"og:description\" content=\"The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said its members may lose between N20 and N25 per ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-22T22:07:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-22T23:12:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/05\/sm_1747942991.18432.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"1400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Petrol marketers may lose N25\/litre on Dangote Refinery\u2019s fresh fuel price drop \u2013 IPMAN\",\"datePublished\":\"2025-05-22T22:07:00+00:00\",\"dateModified\":\"2025-05-22T23:12:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman\"},\"wordCount\":188,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/05\/sm_1747942991.18432.jpg\",\"keywords\":[\"IPMAN\",\"Nigeria\",\"petrol\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/petrol-marketers-may-lose-n25-litre-on-dangote-refinerys-fresh-fuel-price-drop-ipman\",\"name\":\"Petrol marketers may lose N25\/litre on Dangote Refinery\u2019s fresh fuel price drop \u2013 IPMAN - 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