IPMAN
Fuel Scarcity Looms As IPMAN Gives 7-day Ultimatum Over N100bn Bridging Claims
Nationwide premium motor spirit (petrol) scarcity looms in Nigeria as the Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a seven-day ultimatum to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over unpaid bridging claims. IPMAN, on Monday, gave a seven-day ultimatum to withdraw services across the country over the non-payment of bridging […]
Refiners oppose petrol import licences to IPMAN, PETROAN
The Crude Oil Refinery Owners Association of Nigeria has warned the Federal Government to be cautious in granting import licences to petroleum traders for the importation of refined products. CORAN’s comment came amid the controversy between the Dangote Petroleum Refinery and oil marketers. Members of the Petroleum Products Retail Outlet Owners Association of Nigeria had […]
JUST IN: IPMAN queries Dangote’s 500m fuel stock claim
The National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, has queried the claim by the President of the Dangote Group, Alike Dangote, that the 650,000 barrels per day refinery currently has 500m litres of premium motor spirit, also known as petrol in stock for onward supply to Nigerians. Maigandi said this […]
Oil yet to lifted from Dangote Refinery – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that it is still in negotiations with the Dangote Refinery regarding the commencement of oil-lifting operations. Currently, IPMAN has not begun taking products from the refinery. The association refuted earlier reports claiming it accused Dangote of preventing its members from purchasing oil directly from the […]
Oil Marketers Convene Meeting to Tackle Fuel Scarcity
Amidst the deepening fuel scarcity crisis nationwide, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced plans to hold an official meeting of its National Executive Council on Monday to address the pressing issue. In an exclusive interview on Saturday, Hammed Fashola, the National President of IPMAN, underscored the urgency of the meeting in […]
Marketers will pay naira for Dangote fuel, says IPMAN
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, oil marketers clarified on Monday. Dealers in the downstream oil sector also stated that the registration process for marketers at the refinery was still ongoing, as many operators […]
IPMAN Denies Plans To Increase Petrol Price
The Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu Depot, has denied any plans to increase price of petrol. The Chairman of IPMAN, Enugu Depot, Mr Chinedu Anyaso, who made the statement in Awka, Anambra State at the weekend, asked the public to disregard news of an increase in the price of petrol. He spoke […]