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Tag: IPMAN

Oil and Gas

9,000 marketers may lose licences – IPMAN

Over 9,000 oil marketing companies are in danger of losing their operating licences as Nigeria battles fuel shortages. This was revealed by the association in a press release signed by the National Public Relations Officer, Chief Chinedu Ukadike, on Thursday in Abuja, according to The Punch Consequently, the Independent Petroleum Marketers Association of Nigeria is […]

Oil and Gas

Israel-Iran tension cause of fuel shortage – IPMAN

The National Secretary of the Independent Petroleum Marketers Association of Nigeria, James Tor, has said that the Israel-Iran crisis is the major cause of the current paucity of fuel in Nigeria. He made this disclosure during an interview on Arise on Wednesday. Tor underlined the role of the Federal Government in importing petroleum products and […]

News

IPMAN threatens closure of 30,000 petrol stations over N200bn debt

The Independent Petroleum Marketers Association of Nigeria has declared that it would shut down the 30,000 stations operated by IPMAN members across the country if the Federal Government fails to pay the N200bn it owes marketers. This disclosure was made in a communiqué issued in Abuja by the Chairman of IPMAN Depot Chairmen Forum, Yahaya […]

Dangote names Lekki refinery road after Wigwe
Business

Marketers yet to get Dangote fuel after four weeks

By Melvin Onwubuke   Oil marketers announced that, they were still anticipating the supply of refined products, weeks after the take off, of the multi billion dollar plant, by Dangote Petroleum Refinery. This follows the announcement made by Dangote refinery, on the commencement of production of diesel and aviation fuel on January 12, 2024, according […]

IPMAN threatens strike over Soludo's taxation
featured

IPMAN threatens strike over Soludo’s taxation

The petroleum sales in Anambra State would have to be discontinued within the next two weeks due to threats against its members, according to the Independent Petroleum Marketers Association, Enugu Depot. According to The PUNCH, the association charged that the administration of Governor Chukwuma Soludo had overtaxed its members, imposed restrictions on their companies, and arrested […]

Dangote fuel will be sold in naira not dollars - IPMAN
Oil and Gas

Dangote fuel will be sold in naira not dollars – IPMAN

Juliet Buna Oil marketers clarified on Monday that the refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters. According to The PUNCH, the National Public Relations Officer, IPMAN, Chief Ukadike Chinedu, admitted that it was true that […]

Dangote fuel will be sold in naira not dollars - IPMAN
featured Oil and Gas

Dangote refineries to supply 150,000 IPMAN fuel stations

The Dangote Petroleum Refinery will deliver fuel to around 150,000 retail outlets managed by the Independent Petroleum Marketers Association of Nigeria, following a meeting between refinery management and IPMAN executives. The PUNCH reported that last week Monday, IPMAN booked a meeting with Dangote refinery management to discuss the supply of products to independent marketers. The IPMAN President, Abubakar […]

No plan to increase fuel price - IPMAN
featured

No plan to increase fuel price – IPMAN

  By Wilson Adekumola The Independent Petroleum Marketers of Nigeria has dismissed the speculations that there will be hike in the pump price of Premium Motor Spirit otherwise known as petrol following recent increase in crude oil price to $94. According to the Guardian, National President of IPMAN, Chinedu Okoronkwo, made this known while speaking […]

IPMAN threatens strike over Soludo's taxation
Oil and Gas

No intention to hike fuel pump price – IPMAN

The president of the Independent Petroleum Marketers Association of Nigeria, Chinedu Okoronkwo, has stated that the group has no intentions to raise fuel pump prices in the country. According to Arise News, he claimed during an interview that because IPMAN has not yet begun importing petroleum into the country, there is no chance that pump prices will go […]

petrol pump
Oil and Gas

Petrol pump price to increase as dollar rises — IPMAN

The Independent Petroleum Marketers Association of Nigeria has said the price of Premium Motor Spirit, popularly known as petrol, would continue to increase as long as the US Dollar rises in the foreign exchange market.   The National President of IPMAN, Chinedu Okoronkwo, disclosed this to DAILY POST exclusively while reacting to speculation of further […]

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