Amid worsening fuel scarcity across the country, the Independent Petroleum Marketers Association of Nigeria, IPMAN, has threatened to cripple the supply of Premium Motor Spirit, PMS, also known as petrol, over non-payment of N200 billion bridging claims. Channels TV reports that the association’s Unit Chairman and spokesperson, Aba Depot, Mazi Oliver Okolo, said the threat […]
Commercial transport operators hike fares as petrol stations shut outlets
Gov Eno meets feuding IPMAN, NOGASA over fuel scarcity in Akwa Ibom
Following the fuel scarcity in Akwa Ibom State with its attendant hardship, the State Governor, Umo Eno has convened a meeting with different groups within the petroleum marketing sector with a view to finding solutions to the immediate and remote causes of the problem. The groups include the Independent Petroleum Marketers Association, IPMAN, Natural Oil […]
Dangote refinery supply of diesel to crash price – IPMAN
The Independent Petroleum Marketers Association of Nigeria, IPMAN, says Dangote Refinery’s commencement of domestic supply of Automotive Gas Oil (Diesel) will crash the pump price of the product. Abubakar Maigandi, the National President of IPMAN, disclosed this on Tuesday in a statement while confirming that the $20 billion worth Dangote Refinery had begun domestic diesel […]
Dangote refinery begins sale of petroleum products – Official
“We have substantial quantities. Products are being evacuated both by sea and road. Ships are lining up one after another to load diesel and aviation jet fuel” Mr Edwin said The post Dangote refinery begins sale of petroleum products – Official appeared first on Premium Times Nigeria. Powered by WPeMatico
Fuel price may reduce when Port Harcourt refinery starts working – IPMAN president, Maigandi
The National President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Abubakar Maigandi, has hinted on a slight reduction in the pump price of petrol. Maigandi said there would be a nominal reduction in the price of fuel when the Port Harcourt refinery becomes operational and marketers start loading the product from there. He […]
IPMAN threatens to shut filling stations in Anambra over multiple taxation
The Independent Petroleum Marketers Association of Nigeria, IPMAN, Enugu Depot, says it will be compelled to shut filling stations in Anambra State if nothing was done about the multiple and illegal taxing of its members in the state. The Chairman of the Association, Mr Chinedu Anyaso, stated this shortly after he was re-elected for a […]
IPMAN tackles NNPCL over delay in fuel supply
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has tackled the Nigerian National Petroleum Company Limited, NNPCL, for fuel supply delay. The National Vice President of IPMAN, Hammed Fashola, disclosed this in a statement on Tuesday. He alleged that members’ over N300 billion funds were trapped with NNPCL. “More so, we buy products from NNPCL […]
IPMAN blames NMDPRA for petrol products price hike
The Independent Petroleum Marketers Association of Nigeria, lPMAN, has blamed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, for the over 600 per cent increase in the cost of petroleum products across the country between 2020 and 2023. Alhaji Debo Ahmed, the National President of IPMAN, disclosed this in a statement on Tuesday. The […]
Incessant price hike may undermine success of subsidy removal – IPMAN
The Independent Petroleum Marketers Association of Nigeria, lPMAN, says continual hike in price of petroleum products by the Nigerian Midstream and Downstream Petroleum Regulator, NMDPRA, may hamper the success of oil subsidy removal. The National President, IPMAN, Alhaji Debo Ahmed, made the observation in a statement he issued to newsmen on Tuesday in Lagos, adding […]