Business
Fuel scarcity to worsen as IPMAN directs members to shut filling stations
There are reports that oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have directed its members to suspend all operations across the country.
IPMAN appears to be making good on its earlier threat to consider shutting down filling stations this week if the Federal Government goes ahead to enforce the N195 per litre price for petrol.
READ ALSO: Fuel Scarcity: I paid N1,000 for a litre — Ex-Gov.
This was made known in a statement signed by the IPMAN Chairman, Mohammed Kuluwa, who said that marketers were also ordered to suspend the payment of ordering products from the source until further notice.
The association in the statement said, “The decision followed the critical situation as it affect our sourcing and selling of product at lost and the action of the authority to impose the selling of product at a lost price on our side”.
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