IPMAN Denies Plan to Review Petrol Pump Price from N145 to N95


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The Independent Petroleum Marketers Association of Nigeria (IPMAN), Kano Depot branch, has said there is no plan to review pump prices of petrol.

Rumour was making the round on social media that the federal government was planning to reduce the pump price of petroleum from N145 to N95.

However, at a press conference in its office in Kano on Tuesday, the Chairman of the association, Alhaji Bashir Dan-malam, described the report as mere rumours, aimed at deceiving Nigerians in order to achieve a certain political goal.

According to him, the rumours were the handiwork of certain unscrupulous elements, who were jealous of the relative availability of the product, even as the federal government had succeeded in tackling the menace of fuel scarcity, which became a tradition every end of the year.

According to Dan-mallam, he contacted the Managing Director of PPMC, Umar I. Ajiya, on the issue, and he was assured that the report was a blatant lie.

He noted that the rumour peddlers were bent on inciting the people against the federal government, adding that the Nigeria National Petroleum Corporation (NNPC) was doing its best to ensure the availability of the products in the country.

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