The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Kano State has denied reports of a planned increase in petrol price.
The denial was made on Friday, January 27, by state IPMAN Chairman, Alhaji Bashir Dan-Malam.
“As leaders of the association, we feel it is necessary to tell our members the truth as the government has no plan to increase fuel price for now,” Dan-Malam told journalists.
“The rumour is a lie and anything you hear that is not from us, ignore it,” he added.
Fears of a possible price increase were sparked after it was revealed that oil marketers, who import the bulk of petrol consumed in Nigeria, had stopped lifting the product.
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