The Independent Petroleum Marketers Association of Nigeria has secured an agreement with Dangote Refinery to lift products directly. IPMAN’s National President, Abubakar Garima, announced this at an ongoing press briefing on Monday in Abuja, following a meeting of the National…
This past Tuesday, Nigerians awoke to another alarming rise in petrol prices, with the Nigerian National Petroleum Corporation (NNPC) announcing that pump prices have surged to N1,060 per litre in the Federal Capital Territory and N1,025 in Lagos. This marks…
The price of Premium Motor Spirit (PMS), commonly known as petrol, has crossed the N1,000 mark for the first time, recording a 24.08 percent increase in September when compared to the figure in August. This is according to the latest…
The House of Representatives has called on the Federal Government to reverse the recently increased prices of premium motor spirit (PMS), otherwise known as petrol, and cooking gas. The call was sequel to a resolution to a motion by the…
CPPE urges government action to curb rising prices By Seun Ibiyemi and Esther Agbo Nigeria’s persistent battle with inflation has reignited, with headline inflation to 32.70 percent in September on petrol price hike, marking a sharp reversal from the two-month…
..Illegal refineries supplied total diesel consumed in the country …Direct purchase from Dangote refinery, importation will crash petrol price — Marketers By Seun Ibiyemi The Group Chief Executive Officer of the Nigerian National Petroleum Corporation (NNPC) Limited, Mele…
The Operation Whirlwind of the Nigeria Customs Service has announced fresh seizure of 94,550 litres of petrol. The seized containers of petrol, intercepted mostly at international borderlines across the country, were believed to be meant to be smuggled out of…
…Says Dangote Refinery built with zero incentives from FG Chairman of Dangote Refinery and Petrochemicals Company Limited, Aliko Dangote has stated improved domestic refining capacity will save the country $17bn in petrol imports. Dangote represented by Group Executive Director of…
Nigeria has recorded a reduction in petrol importation following the ‘removal of fuel subsidy’ by President Bola Tinubu in May 2023. According to the latest petroleum products distribution statistics report of the National Bureau of Statistics (NBS), petrol imports dropped…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Federal Government to allow its members to source direct supply of petroleum products to ease the pressure in the sector. Mr Chinedu Anyaso, Chairman of IPMAN, Enugu Depot in…
