The Independent Petroleum Marketers Association of Nigeria (IPMAN) has debunked the rumor that the association is planning to increase petrol price per litre to N700.
Alhaji Dele Tajudeen stated this in an interview on Friday, 30 June in Ibadan. He thereby urged Nigerians to disregard the speculation. He then praised the President for removing the subsidy on petrol, opining that it was long overdue.
“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.
“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.
”So, it was the retail price that they announced, they had never given a specific price to the independent marketers.
“However, I have read what somebody put into the paper, it is just speculation, it is not a reality. Nothing like that, I want to assure the masses.
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