It appears Nigerians have not seen the last of the ongoing petrol scarcity and the crazy hike in the pump price of fuel in the country.
This is coming as the Independent Petrolatum Marketers’ Association of Nigeria, IPMAN, directed all its members across the country, to immediately suspend all services.
According to a statement signed by IPMAN’s Chairman, Alhaji Mohammed Kuluwu, all activities are being put on hold by the marketers, due to the critical condition that affects the sourcing and selling of the product at lost.
His words; it is also owing to “the action of the Authority to impose the selling of the product at a lost price on our side.
“You are all hereby directed to suspend selling at all filling stations and also suspend the payment of ordering products from source until further notice.”
The pump price of petrol which originally sales for 195-Naira per litre in early October 2022 now sales for between 350-naira and 400-naira per litre of petrol across the country.