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Start selling petrol at N180/litre and above, ignore official N165/litre cap, IPMAN to filling stations

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has asked marketers across the country to begin dispensing petrol at N180 per litre and above.

The group said this in a statement issued by its spokesman, Akeem Balogun on Monday, who stated that it was no longer possible to sell at the government’s cap of N165 per litre.

The statement reads, “The chairman and executives, in conjunction with some senior members of our unit, organised a press conference today, 20th June 2022, at IPMAN HOUSE Ejigbo Lagos, where we explained our predicament with the current price of PMS at the private depot.

“We explained that with the current price, there is no way we can sell less than N180 per litre. On this note, members are hereby advised to sell at a sustainable price within their environment.

“Just make sure that the price is on your pump. Kindly contact the secretariat should you have any authority challenging your operations.”