The Nigerian National Petroleum Corporation (NNPC) has started direct supply to Indian Oil Marketing Company (IPMAN) to reduce price increase of fuel.

The Nigerian National Petroleum Corporation (NNPC) has started direct supply to IPMAN. The corporation says it’s part of its commitment to providing quality, affordable and reliable source of energy for Nigerians.

Feb 8, 2023 - 08:29
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The Nigerian National Petroleum Corporation (NNPC) has started direct supply to Indian Oil Marketing Company (IPMAN) to reduce price increase of fuel.

The president of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Chinedu Okoronkwo made the disclosure on Tuesday, February 08, 2023, adding that the order was issued after a closed-door meeting of both parties.

The final agreements: It was agreed that IPMAN members should load petrol at NIPCO, MRS and other assigned depots.

What should marketers do now?: The marketers were however encouraged to upgrade their POS to G4 or G5 for payment efficiency.

“Members without POS are also advised to acquire it for efficiency,” Okoronkwo told NAN in Lagos.

Okonkwo urged IPMAN divisions across the nation to open up their stations and start selling.

Present at the meeting: Lawal Sade, NNPCL Managing Director; Adeyemi Adetunji, VP Downstream; IPMAN BoT Chair, Abdulkardir Aminu, and exco members attended the meeting

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