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

    RUN Set to Mobilize Millions of Youth for Tinubu/Akpabio Ahead of 2027

    Following the conclusion of party primaries, Rising Up for a United Nigeria (RUN) as...

    BISHOP OGUNEDO’s IMPACTFUL PRESIDENTIAL ADDRESS, headlines third day proceedings AND COMMUNITY RECEPTION

    Theme: "The Loudest Hallelujah Without the Fear of God" (Amos 5:23–24)   The First Session of...

    Army foils kidnap attempt,neutralizes terrorists, recover weapon in Kogi

      Olu Samuel   Troops of 12 Brigade under 2 Division Nigerian Army have thwarted a planned...

    ATPN Dismisses Fadina’s Claims, Backs Arokoyo as Acting President

      The Association of Tourism Practitioners of Nigeria (ATPN) has dismissed claims by its former...

    More like this

    RUN Set to Mobilize Millions of Youth for Tinubu/Akpabio Ahead of 2027

    Following the conclusion of party primaries, Rising Up for a United Nigeria (RUN) as...

    BISHOP OGUNEDO’s IMPACTFUL PRESIDENTIAL ADDRESS, headlines third day proceedings AND COMMUNITY RECEPTION

    Theme: "The Loudest Hallelujah Without the Fear of God" (Amos 5:23–24)   The First Session of...

    Army foils kidnap attempt,neutralizes terrorists, recover weapon in Kogi

      Olu Samuel   Troops of 12 Brigade under 2 Division Nigerian Army have thwarted a planned...