The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied reports that it planned to increase the pump price of petrol to N700 per litre nationwide.
This is as a coalition of Civil Society Organisations (CSOs) said it would resist the planned increase in the price of petrol being allegedly worked on by IPMAN.
Chairman of IPMAN, South-west Zone, Dele Tajudeen, spoke in Ibadan at the weekend
Tajudeen said the price of the product would not be more than what it is currently being sold for.
“Even in the PIA bill, it has been clearly stated that the subsidy must be removed,” he said.
“So, I want to commend the president for removing the subsidy and I want to say that we are totally in support. This is because the subsidy was a scam.”
The association’s South-west chair urged Nigerians to be at rest as the commodity would not be out of reach for the masses.
“I want to disabuse the mind of the people that they should not panic about it; there is no cause for alarm, we are in control and there is nothing like that,” Tajudeen said.
“So, people should be rest assured that there is no way they can buy petrol more than the price it is being sold now.
“If we look at the price from NNPC retail limited, which is an integral part of NNPC limited, they have more advantages than independent marketers and major marketers.
