IPMAN Raises The Alarm Over Members’ Fund Trapped In DPR, Others   The Independent Petroleum Marketers Association of Nigeria, on Friday, said it had engaged forensic experts to recover the funds of its members trapped in the now-defunct Department of Petroleum Resources, Petroleum Equalisation Fund Management...

Cooking Gas Marketers Lack Facilities Says NLNG, Price Hits 7,000             The management of the Nigeria LNG Limited has said that marketers do not have enough infrastructure to take up its Liquefied Petroleum Gas supply. In an earlier report, the Independent Petroleum Marketers Association had said that...

Fuel Scarcity Looms As IPMAN Threatens To Shut Down Filling Stations     The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to shut down all filling stations across the country. IPMAN warned that it might also cut down supplies from tomorrow should the federal government and...

IPMAN Supports NNPC Centralised Online Payment Policy       The Independent Petroleum Marketers Association of Nigeria says it supports the new centralisation policy of online payment for products by the Nigerian National Petroleum Corporation. In a statement issued on Tuesday by the association’s Public Relations Officer, Yakubu Suleiman,...

Fear Of Federation Account Depletion Raises As Crude Nears $70       The international oil benchmark, Brent Crude, was less than 30 cents from hitting $70 amid market optimism on the United States and Europe reopening. The benchmark had gained $0.83, to trade at $69.71 as of 2:44...

Senate Uncovers N120bn Varying Oil Subsidy Payments       The Senate Committee on Public Accounts on Wednesday uncovered a differential of N120 billion in the payment of subsidy to the Independent Petroleum Marketers Association of Nigeria (IPMAN) by the Petroleum Products Pricing Regulators (PPPRA) in 2016. The panel,...