IPMAN Urges Petroleum Authority to Impose Official Price on Private Depot

IPMAN Urges Petroleum Authority to Impose Official Price on Private Depot

IPMAN Urges Petroleum Authority to Impose Official Price on Private Depot The Independent Petroleum Marketers Association of Nigeria IPMAN is urging the Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA to mandate private depot owners to sell petroleum products at approved government prices. This is contained in a statement by the IPMAN Chairman, Kano Chapter,

IPMAN Urges Petroleum Authority to Impose Official Price on Private Depot

The Independent Petroleum Marketers Association of Nigeria IPMAN is urging the Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA to mandate private depot owners to sell petroleum products at approved government prices.

This is contained in a statement by the IPMAN Chairman, Kano Chapter, Alhaji Bashir Danmalam, in Kano.

Alhaji Bashir Danmalam said that unless the NMDPRA ensured private depot owners sell the product at the approved price, they would continue to dispense the product to marketers at higher price.

He commended the Federal Government for the recent upward review of petroleum products transporters freight rate.

The IPMAN Chairman stated that the gesture would assist in checking the challenges associated with the transportation of petroleum products across the country.

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