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Home News

IPMAN seeks uniformity in petrol price

by Bisola Adeyemo
March 30, 2022
in News
Reading Time: 1 min read
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IPMAN suspends strike in Suleja
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By Bisola Adeyemo

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to the government and relevant authorities to ensure that all petrol marketers in the country revert to the old price regime.

Speaking with journalists on Tuesday IPMAN’s National President, Mr. Chinedu Okoronkwo said some of the private depot owners still maintain the ex-depot prices for Premium Motor Spirit (PMS) making it difficult for some people to afford.

He noted that some of them are still selling (PMS )from between N180 to N200 per liter in their stations, especially in the interior areas of Lagos and Ogun States.
“Some of our members are still buying products at higher ex-depot prices, hence you see that some of them are selling more than the approved pump price of N165.

“IPMAN is appealing to the government and relevant authorities to engage these depot owners to revert to the old price regime so that there will be some kind of uniformity in the price of petrol,” he said.

He assured Nigerians that the scarcity of (PMS)experienced across the country in the past few weeks was almost coming to an end.

He also urged the Nigerian National Petroleum Company (NNPC) Ltd., to increase the volume of products being supplied to Port Harcourt, Calabar, and other coastal areas to ensure a smooth distribution.

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