Petrol scarcity to worsen as IPMAN threatens strike over N200bn debt

This is because the Independent Petroleum Marketers Association of Nigeria (IPMAN), has threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over non-payment of ₦200bn bridging claims.

Currently the nationwide scarcity has seen prices petrol, surge to between N700 and N800 at the pump, and between N1000 and N1200 at black market.