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Wednesday, November 13, 2024

IPMAN New Fuel Pump Price Will Be Announced Today

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said Nigerians will get to know the new fuel pump price latest today Wednesday November 13, 2024.
The association disclosed that negotiation between the association and Dangote Refinery is still ongoing about the pricing strategy.


IPMAN said it had resolved every other issue during its Monday meeting with Dangote Refinery and that Nigerians will feel the impact within the coming days.

This was made known on Tuesday by Yakubu Suleiman, National Assistant Secretary of IPMAN, while fielding questions on Arise Television’s Morning Show programme.
The statement comes after the petroleum marketers said they had finally secured an agreement with Dangote Refinery to lift products directly.

Suleiman said the whole discussion with Africa’s biggest refinery was centered on how Nigerians will get a cheaper petrol price, adding that it bothers IPMAN that Nigerians are buying at the higher rate.
From dailypost

31 comments:

  1. They should slash it to #500 bikonu
    #Wishfulthinking

    ReplyDelete
    Replies
    1. Abi #300.
      No be #200 they meet am?😟

      Delete
    2. If dem put am for #400 sef, e bad? We're rich in oil, management is our problem.

      Delete
  2. We are waiting,no be when you go fuel station to buy fuel you go know the actual price πŸ™„

    ReplyDelete
  3. Lol i use to be part of this association... IPMAN prices are slightly higher than the prices of the Major Marketer(nnpc etc) because the government doesn't have says on them, they are all individual owners &government doesn't cover expenses for these guys.

    It's what's they buy is what they will sell (adding all expenses on pms
    dpk,ago) infact depending on what dangote's decided to sell......

    Let dangote decide¡! Na the right word be that.

    Goodmorning guys

    ReplyDelete
    Replies
    1. I agree that IPMAN has their own wahalla, however, Dangote alone cannot decide the price of fuel.
      You cannot buy cheap crude from Nigeria, refine in Nigeria and then sell to us at the international price of petrol.
      That's just sheer wickeness

      Delete
    2. @Nocturnal dangote is not buying cheap crude& at a point he almost regretted building RF go watch his interviews recently. Alot dey involved in this oil bussiness matter,

      Na weytin him buy he go sell
      The DPRs has a convention every refineries in Nigeria stay under, he"dangote" doesn't just pick prices anyhow but on finished product he decide what to sell to consumers every bussiness runs on expenses.


      So do not expect miracle this happen all around d world.

      Delete
    3. Really? Let Dangote decide...I don't think you understand the full weight of this fuel brouhaha....Allowing one man to decide fuel price....Is that not monopoly which other marketers are fighting against....All these na wash because the price will still not reflect our current realities...How long do we have to suffer for a resources that is found abundantly here.....It's not by hoping and praying....It's all talks and nothing significantly will change about the price....

      Delete
    4. Dangote decide what? See our problem in Nigeria? I don't even like that man entering any sector because he go monopolize & collapse am.

      Delete
  4. Lady T /worth more than a thousand dollars13 November 2024 at 07:49

    Ah again???? We barely meeting up. Now 10 ltrs is about 10/11k.

    It is well.

    ReplyDelete
  5. The transport situation is not funny at all. They should do the needful asap.

    ReplyDelete
  6. Yes oooo
    Stella's godfather is working
    TPain carry go!

    ReplyDelete
    Replies

    1. I will be glad if the govt can psychologically examine people before permitting them to be on this social media space...

      This is becoming too much( cyber bullying)

      Delete
    2. 08:14, it's easy for you to drag Stella here because you are anony'mouse here. Go and use your full chest and type this thing on her Instagram page. Idiot.

      Delete
  7. Please, can the price be reduced to the barest Minimum?

    It’s because of Fuel price that everything is very Expensive

    ReplyDelete
  8. Oh God let the outcome of this meeting bring joy to us. Nigeria shall be great again.

    ReplyDelete
  9. I hope this will bring relief to us. The pains no be here I swear

    ReplyDelete
  10. Hoping the outcome is favourable to all parties- the producer, the sellers and the final consumers.

    ReplyDelete
  11. Hoping the outcome is favourable to all parties- the producer, the sellers and the final consumers.

    ReplyDelete
  12. Let the price be reasonable. The pump price controls the market. I pray our business return to normal, make we for dey smile. Wish i could turn back the hands of time when things were better than now.

    ReplyDelete
  13. Pray it's fair enough πŸ™πŸΏ

    ReplyDelete
  14. May the price bring relief to us o. Let it not be the one that will press our necks the more o.

    ReplyDelete
  15. A price above N900 per litre is indeed a concern for many, as it stretches household budgets, increases the cost of transportation, and can lead to higher prices for goods and services across the board. The impact is especially harsh for lower-income households and businesses that rely heavily on fuel.

    In many cases, the government may cite global oil prices, exchange rates, or subsidy removals as reasons for the hikes, but it's understandable that people would want more transparency and consideration from the authorities. Ideally, leaders should balance economic realities with the welfare of the citizens, ensuring that any necessary price adjustments are reasonable and that there are supports in place for vulnerable groups.

    ReplyDelete
  16. This is the Oba of the problems of the masses, before dollars sef.
    We're waiting.πŸ‘£πŸ‘£πŸΏπŸΏ

    ReplyDelete

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