IPMAN begs for time to comply with N195 official pump price
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has appealed to President Muhammadu Buhari’s regime for more time to sell petrol at the official price of N195 per litre.
Joseph Akanni, IPMAN vice-chairman in western zone, made the appeal on Monday in Ibadan.
Mr Akanni, while disclosing that all IPMAN chairmen were on their way to hold a meeting in Abuja, said all that the association was asking was for time to sell all the products its members bought at a high price.
He said the association’s leadership had cautioned members against buying fuel at higher prices.
According to Mr Akanni, most members purchased fuel from private depots about a month ago, but just received the them.
“We have pleaded with the authority to give us time to sell off the products, and this is against the backdrop that our members want to go on a rampage. That is not true,” he said.
Nigerians have had a hard time due to the prevailing fuel scarcity and hike in the price of the product ranging from N190 to N420 per litre.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Africa
Buhari seeks justice for 16 Nigerians killed in Burkina Faso
The president said he was waiting for an ongoing investigation to ensure that perpetrators are brought to book.
Anti-Corruption
Alleged Fraud: Court discharges Okorocha, others
The EFCC had charged Mr Okorocha for laundering funds to the tune of N2.9 billion while serving as governor of Imo.
Politics
FRSC cautions election “campaign drivers” against reckless driving
More personnel and operational vehicles have been put in place to combat envisioned traffic gridlocks arising from political activities.
Economy
Tether beats Bitcoin to most traded cryptocurrency in January
Tether’s trading volume jumped by 61 per cent between December 2022 and January 2023, an increase from $603.6 billion and $977.1 billion.
NationWide
NIS hands over Libya-bound teenage victims of trafficking to NAPTIP
The three victims from Ondo State comprised of two orphans age 18 and 15 and a girl of 17 years.
World
South Korea to provide humanitarian aid to earthquake-hit Iran, Turkiye
President Yoon Suk Yeol said the government would come up with strong measures for assistance.
