deposit 5000
slot deposit 5000
slot gacor situs toto
togel online
toto 4d
situs slot toto 4ddemo slot gacorslot 88
slot gacor slot gacor
slot gacor
brenjitu
slot gacor
situs toto
situs toto
SITUS TOTO
situs toto
TOTO 4D
SITUS TOTO 4D
SLOT GACOR
https://booking.embuni.ac.ke/live-draw-sydney-hongkong
TOTO 4D
toto togel
slot online
slot gacor
slot gacor
slot pulsa
hongkong lotto
slot gacor
brenjitu
slot pragmatic
situs bola
situs gacor
situs toto
situs slot gacor
slot 4d

IPMAN debunks plan to raise petrol price to N700/litre

Bisola David
Bisola David
IPMAN threatens strike over Soludo's taxation

The Independent Petroleum Marketers Association of Nigeria has refuted the association’s purported proposal to raise the pump price of Premium Motor Spirit, better known as petrol, to N700 per litre nationwide.

According to the News Agency of Nigeria, this was disclosed by the Chairman of IPMAN Southwest Zone, Alhaji Dele Tajudeen in an interview with the News Agency of Nigeria on Friday in Ibadan

Therefore, the chairman asked Nigerians to ignore the rumours and refrain from making irrational purchases.

Tajudeen emphasised that the product’s pricing will not be more than what is already being offered for sale.

He praised President Bola Tinubu for eliminating the petrol subsidy, saying it was long overdue.

“So I want to thank him for doing so and let him know that we fully support his decision to remove the subsidies. This is because the subsidy was a fraud.”

He claimed that the transportation costs were to blame for the small increase in pump prices and assured Nigerians that the commodity would still be affordable for the majority.

“I want to disabuse people’s minds that there is no need to panic; we are in control, and there is nothing like that.

“Therefore, people can rest assured that there is no way for them to purchase more petrol for more than the already sold price.”

“However, from what I’ve read in the newspaper, it’s just speculative and not true. I want the people to know that’s not the case.

There is no way the price can increase to N700 at this time, Tajudeen said. “Even if the FX is N700 or N800, that has nothing to do with raising the price of petroleum from N500 to N700.”

He pointed out that since the commodity had been deregulated, the difference in prices was tied to geography as much as transportation.

“The cost of carrying goods within Lagos might not exceed N300,000, but if you’re going up to Ibadan or nearby, it might cost up to N500,000.”

“But as of right now, the highest price anywhere should be around N550; in Lagos, the price per litre is N510; while in Ogun State, it ranges between N500 and N520,” according to Tajudeen.

In the meantime, a coalition of CSOs pledged to oppose the purported planned increase in the price of petrol at the pump.

They made their views known in an Abuja statement signed jointly by the Convener, Dr Basil Musa, and Co-Convener, Malam Haruna Maigida, on behalf of others.

They called on the federal government to cease and labelled the projected increment as intolerable.

The CSOs said the move was an economic sabotage, coming at a time Nigerians are still trying to come out of the “price shock”, occasioned by the increment on May 29.


TAGGED: ,
Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

situs totoslot thailand situs totoslot gacor situs toto slot online situs toto demo slot gacor situs slot gacorsitus 4d situs totoslot gacorslot gacorslot gacorslot gacorslot gacor
slot gacor
slot gacor situs toto
togel online
toto 4d
situs slot slot demo pgslot 88
slot gacor slot gacor
slot gacor
brenjitu
situs toto
situs toto
SITUS TOTO
toto macau 4d
TOTO 4D
SITUS TOTO 4D
SLOT GACOR
https://booking.embuni.ac.ke/live-draw-sydney-hongkong
TOTO 4D
toto togel
slot online
slot gacor
slot pulsa
hongkong lotto
slot gacor
slot gacor
slot pragmatic
situs bola
situs gacor
situs toto
situs slot gacor
situs totoslot gacordemo slot situs slot gacor
slot66
slot gacor
situs slot gacor
slot gacor
scatter hitam
scatter hitam
slot gacor scatter hitam
scatter hitam
situs slot gacor pulsa
situs baru slot gacor