More
    HomeBusinessIPMAN official: imported petroleum is less expensive than Dangote fuel

    IPMAN official: imported petroleum is less expensive than Dangote fuel

    Published on

    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.”

    Latest articles

    Alleged N5m Bribery: Why Chief Judge Tsoho, is been blackmailed

    Indications emerged that the allegations against the Chief Judge of the Federal High Court,...

    BAVCCA Seeks Partnership With Surveyor-General To Promote Digital Awareness, National Devt

    The leadership of the Bloggers and Vloggers, Content Creators Association of Nigeria (BAVCCA), paid...

    Revealed: Alleged N5m Bribery against Chief Judge Tsoho Baseless

    Indications emerged that the allegations against the Chief Judge of the Federal High Court,...

    Yobe council approves N6bn for roads, health, others

    The Yobe State Executive Council has approved a new policy requiring all public officers...

    More like this

    Alleged N5m Bribery: Why Chief Judge Tsoho, is been blackmailed

    Indications emerged that the allegations against the Chief Judge of the Federal High Court,...

    BAVCCA Seeks Partnership With Surveyor-General To Promote Digital Awareness, National Devt

    The leadership of the Bloggers and Vloggers, Content Creators Association of Nigeria (BAVCCA), paid...

    Revealed: Alleged N5m Bribery against Chief Judge Tsoho Baseless

    Indications emerged that the allegations against the Chief Judge of the Federal High Court,...