Tag: IPMAN
IPMAN: Fuel Pricing to Be Driven by Competition Between NNPC and Dangote Refinery
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has indicated that the price of petrol will determine whether its members purchase from the Nigerian National Petroleum Company (NNPC) or Dangote Refinery. According to Ukadike Chinedu, the National Publicity Secretary of IPMAN, marketers will seek the most cost-effective source as competition between local suppliers sets in….
Nigerian Petroleum Marketers Register with Dangote Refinery Ahead of June Petrol Launch
Lagos, June 10, 2024 — As Nigerians eagerly anticipate the availability of petrol from the Dangote Petrochemical Refinery this month, petroleum marketers have begun the registration process with the company in preparation for loading the product. The marketers are signing up as independent business proprietors to request direct fuel supply from the oil refinery, signaling…
Port-Harcourt Refinery Set to Commence Operations by End of July
After experiencing several setbacks, the Port-Harcourt refinery, with a capacity of 210,000 barrels per day, is expected to resume operations by the end of July, according to Chief Ukadike Chinedu, the National Public Relations Officer of the Independent Marketers Association of Nigeria (IPMAN). In a statement issued on Monday, Chief Ukadike Chinedu disclosed that the…
Diesel Prices Expected to Drop to N700/litre Following Dangote’s Move
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is eyeing a potential reduction in diesel prices to N700 per litre in the wake of Dangote refinery’s recent price adjustment. Hammed Fashola, the National Vice President of IPMAN, expressed optimism regarding the anticipated decrease in diesel prices, attributing it to the impact of Dangote refinery’s actions….