NNPC/IPMAN Distract Nigerians Over Pump Price

By Oji Odu First, the Independent Petroleum Marketers Association of Nigeria (IPMAN) came up with a gimmick, following the postponement of the 2019 elections to reduce fuel pump price so as to help ease movement of voters to their polling stations. Today, the association is threatening hell and brimstone that they will unilaterally increase petroleum pump price to over the official N145 per litre if the depot owners keep selling to them at a hiked price of N135.50 instead of the N133.28 The Nigeria National Petroleum Corporation (NNPC) on its…

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IPMAN Set To Increase Fuel Price From N145

By Akinwale Kasali Few weeks after President Muhammadu Buhari is re-elected as the President of the Federal Republic of Nigeria, Nigerians are on the verge of experiencing another pump fuel price increase. The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Federal Government and the Nigerian National Petroleum Corporation to ensure that private depot owners maintain the official ex-depot price of Premium Motor Spirit (petrol) at N133.28 per litre. The Chairman, IPMAN, Ore Depot, Mr Shina Amoo, who said this in an interview with our correspondent in Lagos…

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IPMAN Denies Bogey Reduction of Pump Price

By Oji Odu Wednesday, February 20, 2019, the day many motorists, and generator users expected the new petroleum pump price to take effect, although briefly, nothing happened. From the beginning of Ikorodu Road, Lagos, to Ikorodu town, there is no filling station selling at the new N140 per litre price. Rather, some that had for business purposes earlier reduced their prices to N143 per litre had continued. Truth be told, Nigerians were not surprised by the directive said to have emanated from the Independent Petroleum Marketers Association of Nigeria (IPMAN),…

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