IPMAN Urges FG to Intervene in Dangote Refinery Operations
The Independent Petroleum Marketers Association of Nigeria (IPMAN), led by National President Abubakar Maigandi, has called on the Federal Government to intervene in the operations of Dangote Refinery to address the rising petrol prices in Nigeria. As of the latest reports, petrol is being sold for between ₦1,310 and ₦1,345 per litre in Abuja and surrounding areas.
This increase follows adjustments in the gantry and ex-depot prices of petrol by Dangote Refinery and depot owners. Maigandi emphasized that government intervention should not be misconstrued as a return to fuel subsidy but rather as a necessary step to broker a deal with local refiners, including Dangote Refinery, to lower fuel prices.
He stated that such engagement could alleviate the current pressure on petrol prices and provide relief for consumers, asserting that in challenging situations, government involvement is essential.
Plus234Feed summary based on reporting from Naijanews. Read the original report below.
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