IPMAN denies reduction of fuel pump price in Rivers State

Tina Amanda

Rivers state Branch of The Independent Petroleum Marketers Association of Nigeria (IPMAN) has refuted the rumours making round that the pump price of Premium motor spirit also known as fuel has been reduced from N145 to N140 per litre.

State chairman of IPMAN, Emmanuel Inimgba who refuted the claims in an interview with our reporter Tina Stephen, maintained that the fuel pump price remains at the government approved N145 per litre.

According to him, IPMAN as an association cannot bring about petroleum price change, stressing that it is the sole responsibility of the Petroleum and Products Marketing Company (PPMC) to do so.

“Product price still remain at the government approved pump price of 145 naira at the filling stations. The dynamics and how the downstream sector operates has to do with PPMC and PPRA, they give directives and there will be a memo to that effect.

“For somebody coming on air saying he is giving directives, IPMAN is an association and by law IPMAN does not have the right to such.

“I’m telling Portharcourt environs that it is not true, they should disregard such information and directives‘’

Leave a Reply