IPMAN – Page 3 of 5 – Prime Business Africa

Fuel Scarcity Looms In South-East, South-South, Others As IPMAN Threatens To Stop Supply

Residents of South East, South-South and North Central zones in Nigeria may suffer another round of petrol scarcity as the Eastern zone of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has threatened to withdraw services next week.

November 19, 2023

Business·News·Oil & Gas

Forex Woes, Price Controls Cede Petrol Importation to NNPCL

Independent petroleum marketers have been forced to relinquish their initial foray into petrol importation due to the dual challenges of restricted access to foreign exchange (forex) and stringent price controls. The Nigerian National Petroleum Company Limited (NNPCL) has now emerged as the

September 4, 2023

Business·Oil & Gas

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

The Chairman of Satellite Depot, Independent Petroleum Marketers Association of Nigeria (IPMAN), Lagos, Akin Akinrinade, said the retail stations owned by the Nigerian National Petroleum Company (NNPC) Limited don’t have fuel to sell. Akinrinade stated that fuel scarcity is affecting both the

September 1, 2023

Business·Markets

Refineries Will Only Reduce Fuel Price By N60/N70 – Oil Marketers

The National Controller Operations for the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mike Osatuyi, has disclosed that the commencement of refinery operations in Nigeria will not have a significant impact on fuel prices. Osatuyi revealed that fuel prices will only drop

August 3, 2023

Business·Oil & Gas

NNPC, Oil Marketers Disagree Over Fuel Subsidy Regime Contract

The Nigerian National Petroleum Company (NNPC) Limited has informed members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) to take delivery of petrol they paid for during the subsidy regime at a new price that includes the Value Added Tax (VAT).

July 11, 2023

Business·Oil & Gas

Fuel Prices To Drop, As Oil Marketers Begin Importation On Credit

The prices of fuel in Nigeria will drop in the coming weeks, as products imported by the major oil marketers are set to arrive in the country next week. According to the Executive Secretary of the Major Oil Marketers Association of Nigeria

July 3, 2023

Jigawa Residents Spent More On Petrol In June

Business·Oil & Gas

Local Production Of Petrol Can Save Nigeria $21bn Of FX – IPMAN

As the crisis of petrol supply rages due to dependency on import, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has asserted that Nigeria can save about $21 billion of Foreign Exchange (FX) in a year if the products are refined locally.

June 2, 2023

Business·Oil & Gas

Full Deregulation Of Downstream Oil Sector’ll End Petrol Crisis -IPMAN

With the incessant scarcity and hike in prices of petroleum products in Nigeria, the only antidote is full deregulation of the downstream oil and gas subsector to encourage more private sector participation in order to boost local production and supply. This was

June 1, 2023

Business

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

The Central Bank of Nigeria (CBN) has been urged to hand over the N250 billion intervention fund for the National Gas Expansion Programme to the Independent Petroleum Marketers Association of Nigeria (IPMAN). IPMAN asked that access to the fund should be granted

April 10, 2023

Business·Oil & Gas

Election: Oil Marketers Reveal Fuel Movement Stopped Over Fear Of Crisis

The National Vice President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, said the fuel scarcity in the country is driven by fear of electoral violence. Maigandi disclosed that oil marketers in the Northern states of Nigeria have suspended their journey

March 8, 2023

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IPMAN - Page 3

Fuel Scarcity Looms In South-East, South-South, Others As IPMAN Threatens To Stop Supply

Forex Woes, Price Controls Cede Petrol Importation to NNPCL

NNPC Doesn’t Have Fuel To Sell – Oil Marketers’ Depot Chairman Says

Refineries Will Only Reduce Fuel Price By N60/N70 – Oil Marketers

NNPC, Oil Marketers Disagree Over Fuel Subsidy Regime Contract

Fuel Prices To Drop, As Oil Marketers Begin Importation On Credit

Local Production Of Petrol Can Save Nigeria $21bn Of FX – IPMAN

Full Deregulation Of Downstream Oil Sector’ll End Petrol Crisis -IPMAN

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Election: Oil Marketers Reveal Fuel Movement Stopped Over Fear Of Crisis

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