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Tukur Muntari, Kano
Published 12 March 2021
The Independent Petroleum Marketers Association of Nigeria has debunked the news circulating of fuel price hike, saying it has not received any official communication to the effect.
This is contained in a statement by the chairman of the association, Kano State Branch, Alhaji Bashir DanMalam, which was made available to newsmen in Kano on Friday.
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He said that whenever there is fuel increment, critical stakeholders will inform the IPMAN leadership.
He urged the general public to disregard the ongoing rumour.
Danmalam said the leadership of IPMAN has consulted critical stakeholders in the petroleum sector and informed them that there is no such decision of fuel increment for now.
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.
No hike in petrol price for now – Marketers
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Major Oil Marketers Association of Nigeria (MOMAN) and Independent Petroleum Marketers Association of Nigeria (IPMAN) say there is no hike in the pump price of Premium Motor Spirit (PMS) or petrol.
The groups confirmed the development in separate interviews with the News Agency of Nigeria (NAN) on Friday in Lagos while reacting to reports that the price of PMS has been increased to N212.61 per litre.
Currently petrol sells at N162 and N165 per litre at most filling stations across the country.
Mr Clement Isong, the Executive Secretary, MOMAN, told NAN that the association had received communication from the Nigerian National Petroleum Corporation (NNPC) that there should be no price increment for PMS.
Happening Now: Motorists besiege Abuja stations as petrol sells for N212/litre
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By Obas Esiedesa
Petrol queues re-emerged in Abuja, the nation’s capital and its environs on Monday, following the release of a new petrol pricing template by the Petroleum Products Pricing Regulatory Agency, PPPRA, with most stations selling above N200 per litre.
Despite assurances by the Nigerian National Petroleum Corporation, NNPC that there would be no increase in ex-depot price, the new N212.61 per litre template triggered massive rush to filling stations by motorists.
Checks around adjoining towns showed that most stations had adjusted their pump price to between N200 and N212 per litre.