We May Start Selling Petrol Above N145 – IPMAN
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...
IPMAN's $3bn Refinery Underway
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is set to commence work on its proposed $3 billion (N1.08 trillion) refinery in two states in the federation.
The National President of the association, Mr Chinedu Okoronkwo, made the disclosure in a chat...
The Federal Government has ordered immediate payment of the N150 billion bridging cost for fuel products’ delivery across the nation owed marketers.
The order was given at the Aso Rock Presidential Villa in Abuja after a two-hour closed-door meeting President Muhammadu Buhari’s Chief of Staff...
An acute shortage in the supply of diesel and kerosene has hit filling stations nationwide, a situation which may fuel inflation on foods and other consumables if not averted quickly.
Daily Trust report that imports of diesel and kerosene have been suffering hitches due to...
Fuel marketers in the country have called for the removal of the cap on the pump price of fuel.
They said that the N145 per litre ceiling was unsustainable in view of the falling value of the naira against the U.S dollar.
The marketers expressed support...
...IPMAN describes FG’s past regulation of petrol price as a failure
About 25 licences that were given to private operators between 2002 and 2014 to build refinery complexes in Nigeria will be reviewed at again and those that have remained inactive will be revoked, the...
