News

FUEL CAN’T BE SOLD BELOW N180 PER LITRE: IPMAN.



The Independent Petroleum Marketers Association of Nigeria (IPMAN) has explained why there is fuel scarcity in Lagos and other parts of the country.
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In an interview with Channels Television, the Lagos Zonal Chairman of IPMAN, Akin Akinrinade insisted they were not on strike.
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Akinrinade noted that the operating environment has become hostile to their businesses. He also insisted the marketers had not embarked on strike as speculated. “Members of Independent Petroleum Marketers Association of Nigeria IPMAN have shut down their stations, not because we are striking; we are not on strike.
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Rather, the business environment has been very hostile to us such that we can no longer do business under this condition. For you to load a litre of petrol, you pay in N162 per litre,” he noted.

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