The Independent Petroleum Marketers Association of Nigeria has said that petrol is going to sell at N935 per litre beginning from Monday (today) based on the latest arrangement with the Dangote Petroleum Refinery. IPMAN’s National President, Maigandi Garima, said the reduction in Dangote refinery’s ex-depot price for petrol and the uniform arr...
The Independent Petroleum Marketers Association of Nigeria says over 30,000 of its members are set to buy Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery in bulk. IPMAN also revealed that the price of petrol from the $20 billion Lekki-based plant was N940/litre and N990/litre when purchased using ships and tr...
The latest hike in the cost of petrol has pitched oil marketers against the national oil company with the Independent Petroleum Marketers Association of Nigeria (IPMAN) tackling the Nigerian National Petroleum Company Limited (NNPCL) over the latest adjustment to price of the product, just as Nigerians across the country have lamented the incr...
•House of Representatives The House of Representatives, today, urged the federal government to direct the Nigerian National Petroleum Corporation Limited and the Dangote Refinery to allow independent marketers to commence the lifting of fuel from the newly established refinery. The resolution was reached following the adoption of a motion of u...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has clarified the reasons independent marketers are unable to purchase petrol directly from Dangote Refinery. The association’s president, Festas Osifo, at a press conference in Lagos, yesterday, said the issue stems from a pricing disparity between the costs at whic...
•Tankers queue to lift petrol from Dangote Refinery The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it doesn’t make sense for the Nigerian National Petroleum Company Limited (NNPCL) to sell petrol lifted from the Dangote Refinery higher than imported ones. IPMAN National Welfare Officer, John Kekeocha, stated this on Ch...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it will import Premium Motor Spirit (PMS), also known as petrol, if the landing cost is cheaper compared to that of the Dangote Refinery. The oil marketers also expressed concerns over the delay in announcing the price of PMS produced by the Dangote Petroleum Refinery,...
•Petrol scarcity The prolonged petrol scarcity worsened in Lagos, Ogun and other states, yesterday, as independent marketers started lifting the product from private depots at N780 per litre, from N595 per litre, indicating an increase of 31 per cent. The marketers believe the hike in price reflects the current demand and supply of the product...
•Fuel scarcity The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said its members do not get enough Premium Motor Spirit supply from the Nigerian National Petroleum Company Limited (NNPCL) in the wake of scarcity of products sweeping across the country. The association currently has more than 3000 members controlling the l...
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