By Adewale Sanyaolu Despite a directive from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to reduce petrol prices to N935 per litre, many fuel marketers have continued to sell petrol above N1,000 per litre, leaving consumers frustrated dashing earlier hopes of a possible slump in the price of the essential commodity. The development left […] The post Oil marketers defy IPMAN’s directive, maintain petrol prices above N1,000/litre appeared first on The Sun Nigeria.
Despite a directive from the Independent Petroleum Marketers Association of Nigeria (IPMAN) to reduce petrol prices, many oil marketers are ignoring the order and continuing to sell petrol for above N1,000 per litre. Essentially, the text highlights a conflict between the IPMAN's call for lower prices and the reality of many oil marketers refusing to comply.