The Independent Petroleum Marketers Association of Nigeria (lPMAN) says incessant increase in tariff of petroleum products by the Nigerian Midstream and Downstream Petroleum Regulatory(NMDPRA) might adversely hinder the success of oil subsidy removal. Alhaji Debo Ahmed, National President, IPMAN made the observation in a statement he issued to newsmen on Tuesday in Lagos. Ahmed said
Incessant tariff increase may hinder oil subsidy removal – IPMAN — National Accord Newspaper nationalaccordnewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalaccordnewspaper.com Daily Mail and Mail on Sunday newspapers.
There is no plan to hike the cost of Premium Motor Spirit, popularly called petrol, as the Nigerian National Petroleum Company Limited, which is the sole importer of the commodity, is capable of shouldering under-recovery, oil marketers said on Monday.