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    HomeBusinessIPMAN official: imported petroleum is less expensive than Dangote fuel

    IPMAN official: imported petroleum is less expensive than Dangote fuel

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    According to Yakubu Suleiman, National Assistant Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), it is currently more cost-effective to import Premium Motor Spirit (PMS), also referred to as gasoline, rather than buy it from the Dangote Refinery.

    Suleiman emphasized that the Dangote Refinery was selling PMS at a wholesale price of N995 per liter as of last week.

    He said these things in a Friday, November 1 interview with Arise TV.

    “Dangote is more expensive than other places,” he said. You must bring your goods to load, and Dangote is offering N995 per liter as of last week.

    What amount are you going to pay the cargo? What additional fees will you have to pay?

    What amount are you going to pay the cargo? How much will you pay your depot for additional charges? We must feel sorry for Nigerians.

    “The Independent Petroleum Marketers Association of Nigeria (IPMAN) is making every effort to save this nation during this difficult moment.

    Therefore, let’s choose less expensive goods that people will value when we sell them. The majority of people are unaware of the full dynamics at play right now.

    Therefore, when we go and purchase it at a greater price, we come and sell it for more than people anticipated, and they will begin to refer to us as “IPMAN.” We’re worn out.

    “People will have praised IPMAN because we are genuinely patriotic if they comprehend the dynamics.”

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