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Tag: IPMAN

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IPMAN slams petrol price hike, accuses NNPC of price gouging

The Independent Petroleum Marketers Association of Nigeria has condemned the recent increase in petrol prices, claiming that the national oil company, NNPC, intends to sell fuel to them for over N1,000 per liter while acquiring it for under N900 from the Dangote refinery. The national president of IPMAN, Abubakar Garima, revealed in an interview on […]

News

IPMAN knocks NNPC’s sale of Dangote petrol higher than imported fuel

The Independent Petroleum Marketers Association of Nigeria has expressed concerns regarding the pricing of petrol from the Dangote Refinery, urging the Nigerian National Petroleum Company Limited to ensure it is not priced higher than imported fuel. IPMAN argues that such a pricing disparity would undermine Nigeria’s efforts towards energy self-sufficiency and could negatively affect both […]

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 […]

Petrol queues surface in Lagos, Abuja after Tinubu's subsidy announcement
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Fuel scarcity hits Abuja, five other states as queues return

There were Long queues as many filling stations were closed in Abuja and about five other states on Wednesday as a result of scarcity of Premium Motor Spirit, also known as petrol. Thousands of commuters in the Federal Capital Territory, Nasarawa, Niger, Gombe, Sokoto, and Anambra states, due to the scarcity of PMS were left […]

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
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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
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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 […]

IPMAN threatens strike over Soludo's taxation
Oil and Gas

Most marketers can’t afford petrol trucks, IPMAN laments

The Independent Petroleum Marketers Association of Nigeria has stated that its members are unable to purchase 45,000 gallons of petrol due to President Bola Tinubu’s removal of fuel subsidies. According to The PUNCH, the National Ex-officio of IPMAN and former Chairman of the association in Ogun State, Surajudeen Bada, revealed in an interview that oil marketers currently […]

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