Petrol Hike: IPMAN, NUPENG trade words
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) are at loggerheads over the pump price of petrol.
NUPENG issued a 24-hour ultimatum to IPMAN members on Sunday to revert to the official pump price of N165 per liter of petrol, but IPMAN says such directive is not within the former’s purview.
Chairman, IPMAN Benin Depot, Mr. Douglas Iyike, stated on Monday in Lagos that NUPENG’s ultimatum was misplaced.
According to him, the increment is due to the hike in the ex-depot price of petrol which should be the area where NUPENG should direct its threat rather than directing same at marketers.
