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N200bn Debt:  IPMAN Seek Tinubu Intervention To Shut Down 30,000 Fuel Stations

N200bn Debt: IPMAN Seek Tinubu Intervention To Shut Down 30,000 Fuel Stations

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced it plans on shutting down the 30,000 stations operated by its members across the country if the Federal Government fails to pay the N200bn that…

NEITI Report Shows NNPCL Swap N2.6trn Crude Oil For Refined Product

NEITI Report Shows NNPCL Swap N2.6trn Crude Oil For Refined Product

The recent report by the Nigeria Extractive Transparency Initiative (NEITI) revealed that the Nigerian National Petroleum Company Limited (NNPCL) exchanged crude oil valued at N2.6tn for refined petroleum products in 2021. The NEITI 2021 Oil and…

Furl Hike: Presidency Speaks On Planned Increase Of Pump Price

Furl Hike: Presidency Speaks On Planned Increase Of Pump Price

The Presidency has guaranteed Nigerians that the prices for the Premium Motor Spirit, otherwise called Petrol or Fuel products at the pump won’t increase. The assurance was given to Nigerians by the presidential spokesperson, Ajuri…

Fuel Hike: IPMAN Reveals New Pump Price

Fuel Hike: IPMAN Reveals New Pump Price

Following the recent hike of the Premium Motor Spirit (PMS), also known as Petrol or fuel after the removal of the subsidy by President Boal Tinubu-led government, the Independent Petroleum Marketers Association of Nigeria (IPMAN)…

Volume of petrol lifted by oil marketers has dropped by over 50% – IPMAN

Volume of petrol lifted by oil marketers has dropped by over 50% – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the volume of Premium Motor Spirit (PMS) otherwise called petrol, supplied to the oil marketers by private depots has dropped by about 50 per…

Fuel supply to Burundi will boost Nigeria’s forex earnings – IPMAN

Fuel supply to Burundi will boost Nigeria’s forex earnings – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has said Nigeria’s foreign exchange earnings will increase if Nigeria acceded to the request of Burundi for energy assistance, especially supply of Premium Motor Spirit (PMS). President…

98m litres of PMS: IPMAN backs Customs CG

98m litres of PMS: IPMAN backs Customs CG

…Call for phased deregulation The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Friday, said it was unwarranted for 98 million litres of Premium Motor Spirit, popularly called petrol, to be released in Nigeria. They…

Anambra guber: Petroleum marketers to shut down Thursday

Anambra guber: Petroleum marketers to shut down Thursday

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu Depot Community, has advised motorists and those on election duty in Anambra to buy sufficient petrol as the government has declared Thursday and Friday work free…

Govt-owned refineries should be privatised –IPMAN boss

Following the poor management of the nation’s refineries, the newly inaugurated National President of Independent Marketers Association of Nigeria (IPMAN), Mr. Kolawole Adewoyin, has advised the Federal Government to privatise government- owned refineries in order…