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IPMAN Dismisses Fuel Price Increase, Directs Members to Sell at N163/ltr

Posted by Thandiubani on Fri 12th Mar, 2021 -

The order by Petroleum Products Pricing Regulatory Agency (PPPRA) increasing fuel price to N212.61 per litre has been dismissed.

Members of the Independent Petroleum Marketers Association of Nigeria, IPMAN have been told not to sell fuel at N212.61 per litre.
IPMAN, ordered members to ignore the rumored price hike and sell fuel at the old price of N163 per litre.
The Kano State Branch Chairman of IPMAN, Bashir Dan-Malam, said this while addressing a press conference in Kano on Friday.
According to him, whenever there is fuel increment in the country, critical stakeholders will always inform the IPMAN leadership.
He, therefore, urged the general public not to panic as the association has no intention to inflict hardship on the people.
Mr Dan-Malam said the leadership of IPMAN has consulted critical stakeholders in the petroleum sector and informed them that there is no such decision.
The IPMAN chair further stressed that the Nigerian National Petroleum Corporation, NNPC has enough fuel for distribution across the country and urge the public to avoid panic buying.

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