Saminu Zawai Mandawari
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigeria National Petroleum Company Limited (NNPCL) have warned Nigerians against panic-buying, as it dismissed reports of a planned hike in the pump price of petrol also called Premium Motor Spirit (PMS).
According to reports, fuel marketers clashed with the Nigerian National Petroleum Company Limited (NNPCL) over whether the government was still paying subsidy, which triggered claims that the commodity will now cost N1,200 per litre.
But speaking in an interview today, IPMAN’s Public Relations Officer, Okanlawon Olanrewaju, said there is no plan by fuel marketers to increase fuel price.
The Nigerian National Petroleum Company (NNPC) Ltd. assures the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol.
