IPMAN has directed members in the Southeast to revert to the old price of N170-N175.
IPMAN has urged the Federal Government to fully deregulate Nigeria's downstream oil and gas sector.
Inability to access foreign exchange is affecting oil marketers' resumption of importation of products.
In its continued support of the government's deregulation process, stakeholders have demanded access to FOREX through the CBN official window.
A plan by FG to reduce the pump price of petrol by N5 per litre has been opposed by petroleum product marketers.
The Federal Government has announced plans to make the foreign exchange available to petroleum product marketers.
IPMAN has advised motorists and other users of petrol to desist from panic buying as there is enough of the product in the country.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned of a looming petroleum scarcity in the country, following attacks on fuel tankers and the disruption...
The ex-depot price is the price at which depot owners sell petroleum products to retail marketers.
Considering the landing cost of petrol is largely influenced by the prices of crude oil in the international market, we think prospects of continued recovery in...