Dangote Refinery Suspension: Petrol prices to go up – IPMAN
He, however, noted that if Dangote Refinery starts selling petrol in dollars, prices will increase.
He, however, noted that if Dangote Refinery starts selling petrol in dollars, prices will increase.
The MoU added that the process of unionisation would begin immediately and be completed within two weeks.
The marketers said they suspended the strike to give room for negotiations with the government.
The Akwa Ibom State Government said the marketers did not follow due process before withdrawing their services.
“The imposed amount is exorbitant and unbearable for marketers. It will inevitably lead to an increase in the pump price ...
“We will not hesitate to immediately take actions in due course if our demands are not met immediately beginning from ...
The company said the reduction is a way of appreciating Nigerians for their unwavering support in making the refinery a ...
IPMAN had earlier called on Dangote Refinery to engage stakeholders and review its pricing strategy
The refinery said it is misleading to suggest that the IPMAN members are experiencing difficulties loading refined products from its ...
IPMAN says the NNPC has imposed higher prices on marketers than the company is selling at its retail outlets.
Although the petrol price has reduced drastically, the cost of transportation remains high in the state capital, Uyo.
The transport operators hiked fares due to fuel scarcity as petrol stations shut down outlets following the withdrawal of service ...
“We have substantial quantities. Products are being evacuated both by sea and road. Ships are lining up one after another ...
“Motorists nationwide are advised against engaging in panic buying, as there is presently ample availability of PMS across the country,” ...
The report quoted the National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria, Ukadike Chinedu, as saying that subsidy ...
According to him, marketers are worse affected by this policy of subsidy removal, as profitability has reduced because average sales ...
The Chairman of IPMAN South-west Zone, Dele Tajudeen, stated this in an interview with the News Agency of Nigeria (NAN) ...
"Having met with the concerned authority, all filling stations should open with immediate effect…,” an official said.
The NNPCL said the fuel distribution crisis was of a monumental proportion, which had taken a different dimension.
"At this time, this is unbearable. People are suffering and the election is next month," a Nigerian lamented.
In Calabar, fuel prices could be as high as N250 per litre, an official lamented
In many states, petrol is sold for as high as N270 at filling stations, while the product is barely available ...
“We are totally against the increase because it will affect our profit margins and the masses."
“Some private depots who have product deliberately refused to sell for reasons best known to them,” an official says of ...
The midstream and downstream petroleum regulator says it has paid markteters N103 billion in nine months.
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