The Independent Petroleum Marketers Association of Nigeria, IPMAN Kano branch, has directed that members across the state to sell Premium Motor Spirit (petrol) at N178 to N168 per litre.
The Pipeline and Product Marketing Company (PPMC) on Thursday, November 12, 2020, released a circular, advising that petroleum marketers to sell petrol within the range of N168 per litre to N170 per litre after a review of the prevailing market fundamentals for the month of November 2020 with effect from Friday, 13th November 2020.
The Chairman of the IPMAN Kano branch, comprising Kano, Bauchi, Jigawa and the Katsina States, Bashir Dan-Mallam, gave this directive for the petrol price while addressing journalists in the state on Wednesday.
Dan-Mallam said the association heeded to PPMC advice for the upward review of petrol’s pump price as contained in the circular.
The circular dated 11th November 2020 and signed by EDC Ali Tijjani R said that the PPMC ex-coastal price is N130 per litre while the ex-deport price is now N155. 17 per litre with effect from 13th November 2020.
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“I call on all our members within our branch to immediately change the price of their litres from N160 per litre to between N168 and N170 per litre.”
“This development came after we received a circular from PPMC, advising us on the upward review of the price after it reviewed the market fundamentals gorgeous the month of November 2020.”
He further assured the public of the association’s commitment to ensure steady fuel supply across the state and beyond.