The Independent Petroleum Marketers Association of Nigeria (IPMAN) explained that some of its members decided to close their operations because they no longer want to operate at a loss or under hostile conditions.
Due to the closure of these gas stations, there is a scarcity of product and long lines of vehicles at these stations on Monday.
This new development was confirmed to journalists in Lagos by Mr Akin Akinrinade, Chairman of IPMAN, Lagos Satellite Depot, Ejigbo.
PETROL PRICING
In a press conference released, the secretary said,
Distinguish marketers, 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 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.
