Tag: Independent Petroleum Marketers Association of Nigeria (IPMAN)

Why fuel is now selling at N200/litre – IPMAN

Abibat Babalola

Following fuel scarcity that has resurfaced in many cities, the Independent Petroleum Marketers Association of Nigeria (IPMAN), Western Zone, has attributed the increase in the pump price of Premium Motor Spirit to the hike in private depot prices. IPMAN Chairman in the Western Wone, Alhaji Dele Tajudeen, disclosed this an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos. READ ALSO: Actor Kunle Afod’s Marriage Crashes Father Breaks 8 Week-Old Baby’s Arm For Disturbing His Sleep Nigerian Editors and Writers as Free Community Laborers, By Farooq Kperogi…

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Petrol Hits N180/litre, Worsens Fare Hike For Sallah Travellers

ADEOLA YUSUF

“We are being forced to either pay through our noses to travel or stay in one place to celebrate Ileya (Sallah)”   The plan by thousands of Nigerians to travel for Eid-el-Kabir Sallah Festival may be disrupted as the price of Premium Motor Spirit (PMS) also known as petrol hit N180 per litre in Lagos, and environs. Platforms Africa reports that the high price slammed on petrol by mostly members of Independent Petroleum Marketers Association of Nigeria (IPMAN) in Lagos, Ogun and other parts of the country has made transporters…

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N500bn Or Fuel Scarcity, IPMAN Threatens Supply Upset Over Bridging Claims

Ganiyu Amodu

Prepare for worst fuel scarcity ever or prevail on downstream regulator, NMDPRA, to pay us N500 billion incurred on bridging, oil marketers declare   The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned of the possibility of the worst case of fuel scarcity ever in the country. Platforms Africa reports that IPMAN, which said this, however added that the scarcity can be averted only if the Federal Government prevailed on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to pay N500 billion bridging claims by its members. READ…

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IPMAN Crisis Worsens, BOT Opposes Parallel NEC Members’ Inauguration

Aliyu Aliyu

The Board of Trustees of the Independent Petroleum Marketers Association of Nigeria (IPMAN) had a meeting and warned against what it called, “a proposed illegal inauguration of parallel National Executive Committee (NEC)” on 18th of January, 2022 in Abuja. Platforms Africa reports that the IPMAN Board of Trustees Secretary, Mr Tunji Adeniji, gave the warning on Monday in a statement. This, Platforms Africa gathered, followed an invitation to inaguration of NEC members by Engineer Sanusi Abdul- Fari-led group faction. READ ALSO: Fuel Marketers’ Billions of Naira Trapped in PPPRA, DPR,…

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