The Federal Government has agreed with the organised labour unions to reduce the pump price of Petroleum Motor Spirit by N5 with effect from December 14.
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Alhaji Suleiman Yakubu, IPMAN National Public Relations Officer said that the long queues in some parts of Abuja were due to panic buying.
Alhaji Suleiman Yakubu, IPMAN National Public Relations Officer, said the long queues in some parts of Abuja were due to fear of attacks by hoodlums.
Yakubu Suleiman, IPMAN’s National Public Relations Officer, said in a statement that the decision was taken by the organisation’s National Executive Council after an emergency meeting in Abuja.
Ogundoyin stated this during an interview with the News Agency of Nigeria on Saturday in Ile-Ife, Osun State.
The impending strike is in solidarity with Siluch Oil and Gas Limited, an IPMAN member, being owed N13.6 million for petroleum products it supplied to Transport Company of Anambra State since 2017.
The National Public Relations Officer of IPMAN, Alhaji Suleiman Yakubu, said this during an interview with the News Agency of Nigeria on Wednesday in Abuja.
According to IPMAN, such plan may worsen the plight of the poorest of the poor in the country.
IPMAN’s President, Chinedu Okoronkwo, told the News Agency of Nigeria on Wednesday in Lagos that the increment from the price band of N121.50 to N123.50 per litre was determined by market forces.
The President, Independent Petroleum Marketers Association of Nigeria, Chinedu Okoronkwo, says members have started buying Premium Motor Spirit, also known as petrol, at N108 ex-depot price as announced by the Nigerian National Petroleum Corporation.
The Independent Petroleum Marketers Association of Nigeria on Saturday decried the proposed merger of three agencies in the petroleum industry.
Alhaji Suleiman Yakubu, National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria, says the association is not part of any strike action going on in Kano State.
The new Caretaker Committee Chairman of IPMAN, Enugu NNPC Depot Community, Chief Chinedu Anyaso, made the call during the inauguration of the new leadership of the branch in Enugu on Tuesday.
The Independent Marketers Association of Nigeria, Kano unit has commended the launching of the automation of the downstream sector of the petroleum industry.
The Independent Petroleum Marketers Association has backed the decision of the Nigerian National Petroleum Corporation not to allocate petroleum products to depot owners who failed to settle debts owed Petroleum Equalisation Fund.
Ikpeazu said this on Friday when members of Independent Petroleum Marketers Association of Nigeria, Aba Depot paid him a visit at the Governor’s Lodge, Aba.
The Independent Petroleum Marketers’ Association of Nigeria has urged the Federal Government to encourage local refiners, to boost local refining of crude oil in the country.
The Independent Petroleum Marketers Association of Nigeria and National Union of Petroleum and Natural Gas Workers have urged Nigerians to stop panicking over fuel scarcity as there is sufficient product.
The Independent Petroleum Marketers Association of Nigeria in Kano State says the association has no plan to sell petrol above the government’s approved price of N145 per litre.
Nigerian National Petroleum Corporation says that the ex-depot price of Premium Motor Spirit also known as petrol remains N133.28 per litre.