Price Hike: FG To Back Marketers On Petrol Import       The Federal Government is to make the dollar accessible to oil marketers in order to make the importation of petrol into Nigeria competitive and help reduce the commodity’s rising cost. It was learnt on Monday that oil...

Marketers Count Losses As Protesters Burn Petrol Tankers         The Independent Petroleum Marketers Association of Nigeria on Thursday decried the loss of some of their petrol tankers following repeated attacks on their trucks by hoodlums exploiting the #EndSARS protesters. It was gathered that angry protesters again attacked...

#EndSARS: Oil Marketers Suspend Transportation Of Petrol, Others         Oil marketers have asked petroleum tanker drivers to temporarily suspend the movement of petrol, diesel, Liquefied Petroleum Gas, among others, as a result of the #EndSARS protests in various locations nationwide. It was also gathered that the decision...

IPMAN Seeks Total Deregulation     THE Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday advised the Federal Government to deregulate the downstream oil sector completely and scrap agencies such as Petroleum Prices and Regulatory Agency (PPRA) and the Petroleum Equalisation Fund (PEF). One of its officials,...

Private Tank Farms Crippled Refineries - IPMAN       The Independent Petroleum Marketers Association has said that the collapse of Nigeria’s refineries can be traced to the birth of private tank farms. Chairman of IPMAN in Rivers State, Dr Joseph Obele, stated this when he appeared on a...

IPMAN Orders Members To Sell Fuel At N162/Litre     The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members in the Southwest region of the country to begin sales of the Premium Motor Spirit (PMS) popularly referred to as petrol at N162 per litre. The...