Like NNPC, IPMAN says no plan to increase fuel price, warns against panic buying

Amid rumours of an impending scarcity and increase in the cost of Premium Motor Spirit (PMS) which has triggered panic buying amongst Nigerians, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned Nigerians against panic-buying and storing of petrol at home.

Okanlawon Olanrewaju, the Public Relations Officer of IPMAN, while making an appearance on Channels Television programme on Thursday clarified that fuel marketers have no intentions to raise fuel prices.

“As far as the independent marketers are concerned, we don’t have plans or plans to increase fuel pump price.