The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed members to suspend all operations across the country.
The directive was contained in a statement signed on Tuesday by chairman of the association, Mohammed Kuluwu.
The statement also directed marketers to suspend payment of ordering products from source until further notice.
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According to the association, 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.”
Recall that the association had appealed to the Federal Government for more time to sell Premium Motor Spirits at the official price of N195 per litre.
More details later…
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