• Contact Us
  • About Us
Thursday, May 7, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

No plan to sell fuel above N145 per litre— IPMAN chairman

metro by metro
April 3, 2019
in News
0
0
SHARES
0
VIEWS

petrol pricingThe Independent Petroleum Marketers Association of Nigeria (IPMAN) in Kano State says the association has no plan to sell petrol above the government’s approved price of N145 per litre.

The association also called on Nigerians to ignore the threat made by the IPMAN chairman for Ore Depot, Shina Amoo.

Read Also

Police Uncover N713 Bank Fraud, Arrest Syndicate Members 

BREAKING: David Mark-Led ADC Leadership Restored As Supreme Court Voids ‘Status Quo Ante Bellum’ Order 

 FG Asks Court To Deregister ADC, Accord, Three Other Parties

The State IPMAN chairman, Alhaji Bashir Dan-Malam, disclosed this while addressing a news conference in Kano on Tuesday.

Dan-Malam was reacting to a story credited to the IPMAN chairman for Ore Depot, Mr Shina Amoo,  where he was quoted to have said that the association might start selling petrol  above N145 per litre if depot owners continued to sell the product to them for  between N136.50 and N137 per litre

He said the association had no moral justification to sell petrol above the N145 per litre as there was adequate petrol  supply in all the 21 depots across the country.

“IPMAN will not sell the fuel above the government’s approved price because there are availability of the product at all the 21 government depots in the country.

“So,  I am calling on all marketers to go to these depots and buy the commodity but any marketer who goes to private depots is doing so on  his own volition.

“All the 21 depots are selling the product to marketers at the approved price of N133.28 but private depot owners are selling theirs  at between N136.05 and N137 per litre.

“So,  marketers have the right to either buy from government depots or from the private depot owners at  a higher rate, “ he said.

Dan-Malam, who called on the chairman of  Ore depot to withdraw the threat, urged the  Department of Petroleum Resources (DPR) to sanction any depot owners who increase the price of petrol.

He called on his members and Nigerians at large to ignore the threat made by  the chairman, IPMAN Ore depot, saying that  such a threat  would not make any impact.

“As I am talking to you now,   the Managing Director of PPMC, Umar I. Ajiya, has dispatched a committee to the depot to find out reasons behind the purported increase,” he said.

Tags: IPMAN
Previous Post

NLC intervenes to end strike by doctors in Nasarawa

Next Post

American investors wants National Assembly to review Postal Commission Bill

Related Posts

FTS: CBN’s Financial Inclusion At Risk As Bank Charges Scare Customers, Threaten Savings
News

Police Uncover N713 Bank Fraud, Arrest Syndicate Members 

May 7, 2026
BREAKING: David Mark-Led ADC Leadership Restored As Supreme Court Voids ‘Status Quo Ante Bellum’ Order 
Breaking

BREAKING: David Mark-Led ADC Leadership Restored As Supreme Court Voids ‘Status Quo Ante Bellum’ Order 

April 30, 2026
 FG Asks Court To Deregister ADC, Accord, Three Other Parties
News

 FG Asks Court To Deregister ADC, Accord, Three Other Parties

April 30, 2026
Ex-Senate President, David Mark Officially Dumps PDP For Opposition Coalition
News

ADC  Will Be On 2027 Ballot Despite Legal Challenges- David Mark 

April 30, 2026
Next Post

American investors wants National Assembly to review Postal Commission Bill

FTS: CBN’s Financial Inclusion At Risk As Bank Charges Scare Customers, Threaten Savings

Police Uncover N713 Bank Fraud, Arrest Syndicate Members 

May 7, 2026
Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?

Senate Confirms  New Power, Foreign Affairs Ministers As Nigerians Ask: Will  Power, Budget Implementation Be Confirmed Too?

May 7, 2026
For Capital Needs Supplement, Access Holdings Injects $300m Into Access Bank

Access Holdings Halts 2025 Dividend Payout, Cites Alignment With Regulatory, Prudential Guidelines

May 7, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version