New fuel price: IPMAN demands compensation to cover loss

Fri Mar 20th, 2020 - Kano

The Independent Petroleum Marketers Association (IPMAN) on Thursday demanded palliative measure from the Federal government to cover losses inflicted by the sudden reduction on pump prize.

The Federal Government on Wednesday announced the reduction of pump price of fuel from N145 per litre to N124 per litre owing to drastic fall in the global demand.

Addressing journalists on Thursday in Kano, IPMAN chairman in Kano, Alhaji Bashir Danmalam, lamented that the urgency in the pronouncement has created untold losses to members who have large stock of products.




source: Guardian