Tag: Ipman

Dangote, Marketers In War of Words As Petrol Price Politics Degenerates

Aliyu Aliyu

. You’re unfair to Nigerians, Imported petrol Cheaper than your N990/litre, Marketers bomb Dangote . Any imported petrol cheaper than ours substandard, says Dangote   The petrol price politics rocking Nigeria has degenerated with Dangote Refinery and marketers embroiled in unprecedented war of words. Platforms Africa reports that after two months of petrol production, Dangote Refinery on Sunday disclosed its price for the product, a move that has stirred reactions from stakeholders including marketers. Rising under the auspices of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), the…

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IPMAN, Others Laud Polaris Bank, Emadeb Energy for 20,000 mt Petrol Import

ADEOLA YUSUF

How Polaris Bank set record, funded Emadeb Energy Service Ltd petrol cargoe imports with N13 billion   The Independent Petroleum Marketers Association of Nigeria (lPMAN) has commended Polaris Bank, Nigeria’s leading digital commercial Bank and Emadeb Energy Services Limited, one of Nigeria’s leading indigenous players in oil and gas, for their collaborative efforts and strategic partnership that resulted in the recent importation of 20,000 metric tonnes of premium motor spirit (petrol) into the country. The National Operations Controller of lPMAN, Mr. Mike Osatuyi, speaking exclusively to PLATFORMS AFRICA, described the…

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BREAKING: Bridging Payment To Fuel Marketers Hits N74bn in 7 Months

ADEOLA YUSUF

Here, according NMDPA, is the breakdown of how much MOMAN members, IPMAN members, NNPC Rwtails and DAPPMAN members collected.   Payment of bridging claims to fuel marketers in Nigeria has hit N74 billion in just seven months Platforms Africa reports that the Nigeeia Midstream and Downstream Petroleum Regulatory Authority (NMDPA), which declared this in a statement maintained that so far, the Authority paid N71,233,712,991 bridging claims and another N2,736,179,950.84 freight differentials to the Marketers as at 6th June, 2022. READ ALSO: BREAKING: Buhari Hikes Fuel Freight Rate, Worsens Subsidy Burden…

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Petrol to Hit N190/L As Depot Owners Hike Price by N20/L

Dawood Rabiu

We are not aware, report them first, Industry Regulator, NMDPRA, says as IPMAN Speaks Out on alleged profiteering, sabotage by private depot owners   The cost of Premium Motor Spirit, popularly called petrol, may hit N190/litre in most filling stations in coming weeks if nothing is done about a recent hike in its ex-depot price by private depot owners. A report by Punch showed that most private depot owners recently raised the cost of petrol by N20 per litre from the approved N142-N145/litre price to between N162-N170/litre. This, oil marketers…

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