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Nigeria: IPMAN Directs Members To Sell Fuel At N150 In Kano

20200807_001954
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By: Babagana Bukar Wakil, Maiduguri

Independent Petroleum Marketers Association of Nigeria has directed its members to sell fuel at N150 per litre in Kano State.

IPMAN Chairman Kano Branch, Bashir Danmallam, gave the directive in a stamen issued to newsmen in Kano on Wednesday.

According to the statement, the directive followed the new price modulation announced by the Petroleum Products Marketing Company (PPMC) and has accordingly instructed its members to comply by selling the product at N150 per litre.

Our Kano base Correspondent reports that the PPMC had in a memo signed by its Manager Sales, Mohammed Bello on Tuesday, August 4, 2020, fixed the ex-depot price of premium motor spirit, known as petrol at N138. 62 per litre.

The statement added that private depots had also increased their price as they would sell the commodity to their members at N139. 5 per litre.

Bashir Danmallam, in the statement, asked all members under his jurisdiction to comply with the new price regime by making sure no one sells above the approved ceiling of N150 per litre.

Dandal Kura gathered that many filling stations in Maiduguri both on Wednesday and Thursday have effected the changes immediately.

Several consumers interviewed express concern over the sudden changes in pump price from 140 to 150 Naira per litre.

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