The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday said the premium motor spirit (petrol) will be sold across the country at N140/litre from Wednesday, February 20.
National President of the association, Chinedu Okoronkwo, made the disclosure in a statement released on Sunday.
The statement signed by IPMAN’s Kano State Chapter Chairman, Bashir Dan-Malam, said the slash in price will last five days and end on the 25th of February.
AN24 learned that the development is a move to encourage Nigerians to travel to their respective destinations to engage in the voting exercise slated for the 23rd of February.
“IPMAN was prompted to slash N5 from the N145 per litre official Petroleum pump price in a bid to motivate Nigerians to return to vote again on February 23,” the statement read.
“We urge all our members across Nigeria to immediately reduce the fuel pump price from N145 per litre to N140 per litre.
“This is because of the political situation that hit the country after INEC suddenly announced the postponement of presidential and National Assembly elections after Nigerians were fully prepared.
“We are all aware how Nigerians travelled to different parts of the country in order to exercise their civic duty; unfortunately, they heard a sad news of postponement of the polls.
“This made us deem it fit to reduce the pump price in order to ease their suffering, and to also motivate them to travel again to exercise their franchise on February 23,” the statement read.