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Nairaland Forum / Nairaland / General / Politics / IPMAN Commends FG On New Price Of Petrol (1059 Views)
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IPMAN Commends FG On New Price Of Petrol by kodded(m): 7:47pm On May 11, 2016 |
Abuja - Alhaji Abubakar Maigandi, the Vice President, Independent Marketers Association of Nigeria (IPMAN), has commended the Federal Government on the new pump price of petrol. Maigandi said on Wednesday in Abuja that the decision would help to put to an end the persistent petrol scarcity in the country. "This is a good development; the best that will happen is complete removal of the subsidy. "The price they put is a good one, but the best thing is to leave the market open so that people will decide what they want to sell after importation," he said. He assured that the products would be available with this development, adding that the association was ready to continue to support government’s effort. The Petroleum products Pricing Regulatory Agency (PPPRA) has announced a new pump price of N145 per litre for petrol. A statement signed by Mrs Sotonye Iyoyo, the Acting Executive Secretary of PPPRA, said that the new price would take immediate effect "In furtherance of its mandate to ensure the efficient supply and distribution of petroleum products, PPPRA hereby announces, effective immediately, that the new price band for PMS shall be at a maximum of N145 per litre. “However, NNPC retail stations on the outskirts of major cities are advised to sell at price lower than N145 per litre," it said. The statement said that the review became imperative in the face of extreme difficulties faced by petroleum product Importers in sourcing foreign exchange. This, it added, had made it difficult to meet the consumption demand of the nation. "Importers will henceforth be permitted to source for their foreign exchange requirements from the secondary sources. "PPPRA is conscious of the difficulties that Nigerians have been going through in the last few months. "To ameliorate this situation, we shall continue to modulate pricing in accordance with prevailing market dynamics thereby ensuring fair value to all citizens," it said. http://www.vanguardngr.com/2016/05/ipman-commends-fg-new-price-petrol/ |
Re: IPMAN Commends FG On New Price Of Petrol by kodded(m): 7:49pm On May 11, 2016 |
same people that kicked against the removal of fuel subsidy in Jonathan government http://www.vanguardngr.com/2011/11/removal-of-fuel-subsidy-a-time-bomb-former-ipman-scribe/ |
Re: IPMAN Commends FG On New Price Of Petrol by Jirate(m): 7:55pm On May 11, 2016 |
Buhari is a Colossal Failure, there is no doubt about that. 2 Likes
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Re: IPMAN Commends FG On New Price Of Petrol by SamuelAnyawu(m): 8:04pm On May 11, 2016 |
Political IPMAN I don't support its removal even though I know it's the right thing.. GEJ saw the massive looting through subsidy and decided to remove it in 2012, But Baba Tinubu and his APC Zombies protested at Ojota and other states in Nigeria.... GEJ We Miss you 4 Likes |
Re: IPMAN Commends FG On New Price Of Petrol by Eboski(m): 8:11pm On May 11, 2016 |
let me see if the other tribes from North and West will take over Ojota freedom Square.... 2012 Loading..... 2 Likes |
Re: IPMAN Commends FG On New Price Of Petrol by hisgrace090: 8:18pm On May 11, 2016 |
To me if subsidy removal is the way forward, supported! |
Re: IPMAN Commends FG On New Price Of Petrol by jlinkd78(m): 8:19pm On May 11, 2016 |
f |
Re: IPMAN Commends FG On New Price Of Petrol by Mast: 8:21pm On May 11, 2016 |
Mmmhhh after removing 50kobo per liter all we deserve as a country is to take 58.50 kobo from people that are still struggling from the unforeseen government intentionally created hardship! This Govt should be sensitive, a child that turns deaf hears is definitely heading for distraction.... A Govt without focus, no plans but gamble. When all they do is plan how to hunt down the opponent party members. Na wah ooh. I beg what is Democracy sef? Is this it? That definition should be reviewed on Google ASAP! |
Re: IPMAN Commends FG On New Price Of Petrol by amaechi1: 8:30pm On May 11, 2016 |
SamuelAnyawu: You would have gone to say, you miss his looting and looters. 1 Like |
Re: IPMAN Commends FG On New Price Of Petrol by emiwanlee(m): 8:41pm On May 11, 2016 |
Cheap tribalism. At the end of the day some folk up north will become fantastically rich. South no get sense |
Re: IPMAN Commends FG On New Price Of Petrol by Goddex: 8:56pm On May 11, 2016 |
[size=14pt]Nigeria as a country is a fraud[/size] 1 Like |
Re: IPMAN Commends FG On New Price Of Petrol by Pidggin(f): 8:56pm On May 11, 2016 |
Praying for IPMAN's destruction |
Re: IPMAN Commends FG On New Price Of Petrol by Nbote(m): 8:58pm On May 11, 2016 |
Bunch of hypocrites with their mouth action... |
Re: IPMAN Commends FG On New Price Of Petrol by Reminez(m): 10:15pm On May 11, 2016 |
Eboski:Go and occupy Nnewi and Onitsha too nah...nonsense !! |
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