The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members to suspend all operations across the country.
In a statement signed on Tuesday by Mohammed Kuluwu, chairman, IPMAN, the marketers were also ordered to suspend payment for, or ordering of products from source until further notice.
The association said the decision followed, “the critical situation as it affect our sourcing and selling of product at loss, and the action of the authority to impose the selling of product at a loss price on our side”.
Details to follow…
