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The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said the price of petrol will drop to N935 per litre from today followng Dangote Refinery’s new pricing. It said the new price was necessitated by reduction in Dangote’s fuel ex-depot price and uniform arrangement, which would enable marketers to sell at N935. National President of…
Read More “IPMAN Members To Sell Fuel At N935 Per Litre From Today” »
The Independent Petroleum Marketers Association of Nigeria has announced that Premium Motor Spirit (Petrol) price will be slashed by N50 upon lifting Dangote Petrol directly. The National President of IPMAN, Abubakar Maigandi, disclosed this during an interview with Channels Television on Tuesday. This comes as Maigandi revealed that Dangote Refinery has agreed to sell petrol…
Lagos-based Dangote refinery has ignored oil marketers’ call on direct lifting of its Premium Motor Spirit (petrol). The President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi and the President of the Petroleum Products Retail Outlets Owners Association, PETROAN, Billy Gillis-Harry disclosed this in separate interviews. This comes as a report emerged on…
Read More “Dangote Refinery Ignores Oil Marketers On Direct Petrol Lifting” »
The independent Oil marketers have assured Nigerians of a drop in prices of Premium Motor Spirit (PMS) or petrol once they start direct lifting of products from the Dangote Refinery. The assurance came after a rise in prices of products following commencement of product lifting by the state oil company, NNPCL from Dangote Refinery. Prices…
Its been a full week since the Nigerian National Petroleum Company Limited commenced loading Premium Motor Spirit, popularly called petrol, at the Dangote Petroleum Refinery, but most filling stations across the country have yet to get the product. IPMAN, the Independent petroleum marketers association of Nigeria, a body who’s members operate over 70 per cent…
Read More “IPMAN Denies Having Petrol From Dangote Refinery In Members’ Filling Stations” »
The leadership of the Independent Petroleum Marketers Association of Nigeria (IPMAN) in Adamawa State has expressed frustration over the alleged harassment and molestation of its members by the Nigeria Customs Service’s (NCS’s) anti-smuggling unit operating under the code name, Operation Whirlwind. The state’s IPMAN Chairman, Alhaji Dahiru Buba, who alleged this during a press conference…
Read More “IPMAN Raises Alarm Over ‘Illegal’ Customs’ Seizures” »
The independent petrol marketers have proposed a PMS price of N550/liter to the Dangote Refinery in intensified efforts at taking final decisions on pricing and delivery of petrol to filling stations nationwide. According to Vanguard reports, the parties have been meeting and exchanging notes on the pricing, distribution and margins to stakeholders in the value…
Read More “Independent Oil Marketers Propose N550/Litre Petrol Price To Dangote” »
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has allayed fears that there was a plan by the association to increase the pump price of Premium Motor Spirit (PMS), also known as petrol, to N700 per litre nationwide. NAN reported that the Chairman of IPMAN Southwest Zone, Dele Tajudeen, made the clarification in an interview…
Read More “Avoid Panic Buying, No plans To Hike Fuel Price To N700 – IPMAN.” »
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…
Read More “JUST IN: IPMAN Directs Members To Shut All FUEL Filling Stations” »