This comes as the economy shuts down today owing to the public holiday declared by the federal government to honour ex-president Muhammadu Buhari.

The national president of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, disclosed this in an interview.

According to him, the decision to cut the petrol price comes after members of IPMAN held a meeting in response to Dangote Refinery’s ex-depot price drop to N820 per litre from N840.

Specifically, Maigandi diaclosed that IPMAN members in Abuja will, from Tuesday, dispense petrol between N900 and N920 per litre, down from N905 and N945.

“We met on Tuesday and agreed to reduce petrol price to between N900 and N920 per litre for our members in Abuja, north central.
“Similarly, our members in some other parts of the country will be selling below around N860 and N890 per litre, he affirmed.