#Country Updates #News #Nigeria #Upstream Oil & Gas News

Fuel Scarcity Looms as IPMAN Protests Fuel Price Increase

Nigeria is heading for another fuel scarcity crises as the Independent Petroleum Marketers Association of Nigeria (IPMAN) threaten to stop lifting petroleum products in all South West depots.

According to IPMAN, the recent petroleum products price increment by the Petroleum Products Pricing Regulatory Agency (PPPRA) is “unfavourable” to their members.

South West chairman of IPMAN, Dele Tajudeen, at a press conference last weekend, accuse the Petroleum Products Pricing Regulatory Agency of not consulting with the stakeholders in the sector before embarking on the price increment

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Source: OrientEnergyReview

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