The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said the revival of Nigeria’s refineries — the Port Harcourt, Warri and Kaduna refineries — will reduce fuel prices.
The spokesperson of IPMAN, Chinedu Ukadike, disclosed this in an interview with DAILY POST.
His comments came amid the ongoing debate over fuel subsidy following a proposal for its return by Atiku Abubakar, the presidential candidate of the African Democratic Congress, ADC.
According to Ukadike, the best solution to reducing fuel prices, which currently stand between N1,230 and N1,299 per litre in Abuja, is the revival of Nigeria’s refineries.
