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PIB: IPMAN commends National Assembly for inclusion of PEF

The Independent Petroleum Marketers Association of Nigeria has commended the National Assembly for the inclusion of the Petroleum Equalisation Fund in the newly passed Petroleum Industry Bill. The Public Relations Officer of IPMAN, Yakubu Suleiman, gave the commendation on Sunday in a statement. Suleiman said the legislative arm of government had demonstrated that it was sensitive to the yearnings of majority of Nigerians for a permanent solution to the energy problems in the country. He said the entire content of the bill as passed by the Senate would serve as a catalyst for the inflow of the much desired foreign direct investment to boost the economy. He said: “The much awaited Petroleum Industry Bill has come to ease Nigerians of the pains that necessitated the call for the Bill in the ...

Fuel marketers bewail extortion by DPR officials, threaten strike

The Independent Petroleum Marketers Association of Nigeria (IPMAN) Suleja/Abuja Unit, on Sunday, threatened to embark on a strike action over alleged extortion by officials of the Department of Petroleum Resources (DPR). It said members would be instructed not to load from Suleja depot in Niger State. The Chairman of the Unit, Alhaji Yahaya Ahman Alhassan, made the disclosure during an interactive session with journalists in Abuja. According to him, the association seeks an explanation as to DPR’s incessant demand for daily sales activities from filling stations. “IPMAN has no other alternative other than instructing our members not to load from Suleja depot in Niger State to express our frustrations after all efforts to make DPR officials desist from unethical practices failed. “These iss...

IPMAN impounds trucks transporting adulterated petrol in Bayelsa

Taskforce personnel attached to the Bayelsa State chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN), have apprehended three tankers suspected to be transporting adulterated Premium Motor Spirit (PMS) from an unidentified source into the state. Bayelsa State Coordinator of IPMAN, Mr. Bello Bina, who confirmed the development to journalists on Saturday, said the trucks were impounded along the Sagbama section of the East-West road. He alleged that some unidentified policemen were currently trying to frustrate the effort of the task force by insisting that the suspected adulterated products are owned by a highly influential person. He said when the effort of the policemen failed, an unidentified man called him on the phone to plead with him to take some financial g...

PDP advises federal government against increasing pump price of petrol

The Peoples Democratic Party (PDP) on Friday advised the Federal Government against increasing pump price of petrol. The party in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan, in Abuja said any contemplation to increase pump price of petrol to N212 would worsen the economic and social situations of Nigerians. This was in reaction to a debunk report that the Petroleum Products Pricing Regulation Agency (PPPRA) on Thursday night released a template that a litre of fuel would now be sold for prices ranging from N209 to N212 per litre for March. Ologbondiyan said that the N212 per liter reportedly contemplated in the March pricing template was not in the best interest of Nigerians. “It is a barefaced fact that there is no way that Nigerians can survive such hike in fue...

IPMAN advises Nigerian to stop panic buying of petrol

AHA Taxis The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised Nigerians to stop panic buying and stocking of Premium Motor Spirit, popularly known as petrol. Alhaji Suleiman Yakubu, the National Public Relations Officer of IPMAN, gave the advice in an interview with newsmen on Sunday in Abuja. Yakubu fielded questions on the long fuel queues recorded at some filling stations in Abuja. He decried the panic purchases and long queues witnessed in various filling stations across the nation’s federal capital. Yakubu however said that crude oil price has gone up and it has affected the price products. He assured Nigerians that normal supply of petroleum products would soon be restored since loading have commenced at various deports. “We want to assure the buyers that g...

IPMAN directs members to sell petrol at N170 per liter

The Independent Petroleum Marketers Association of Nigeria, Kano branch has directed its members across the state to sell Premium Motor Spirit (petrol) from N168 to N170 per litre. The post IPMAN directs members to sell petrol at N170 per liter appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Senator Akpabio: NDDC received N15 trillion in 19 years

The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has faulted the National Assembly inquest into the financial activties of the Niger Delta Development Commission (NDDC) between February and July 2020 rather than embark on a comprehensive probe of the interventionist agency’s 19 years of existence. The NDDC, he stated, received over N15 trillion in the last 19 years, with nothing on the ground to justify the huge funds, wondering why the lawmakers decided to probe five months’ activities in the commission. Speaking when members of the Independent Marketers Association of Nigeria (IPMAN) visited him in Abuja, Thursday, he noted that discretionary probe would not address the problem of the commission, which he described as cesspit of corruption. He, however, assured Niger Delta ...

PPPRA fixes petrol ex-depot price for N138.62

The Petroleum Products Pricing Regulatory Agency (PPPRA) kept the petrol dealers guessing on Tuesday when it approved an ex-depot price of N138.62 per litre for the Premium Motor Spirit (PMS) petrol and kept the pump price to its chest. The post PPPRA fixes petrol ex-depot price for N138.62 appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.

Oil marketers condemn planned protest, shutdown over fuel price hike

AHA Taxis Oil marketers, under the aegis of Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), yesterday, kicked against attempts by some labour groups and trade associations to stage a protest march in opposition to the recent hike in the price of Premium Motor Spirit, also known as petrol. The Nigeria Labour Congress (NLC), United Labour Congress (ULC) and some other oil marketing groups had threatened to embark on a nationwide strike over the hike in petrol price, while they called on the government to revert to the previous price. In a statement in Abuja, National President of PETROAN, Dr. Billy Gillis-Harry, stated that while its members are not happy with the way certain things are in the downstream petroleum industry at the moment, they do not think any stree...