The Independent Petroleum Marketers Association of Nigeria, IPMAN, has dismissed report that it had directed its members to sell petrol at N140.
In a statement by its National President, Alhaji Sanusi Fari, IPMAN called on members nationwide to continue to render services to the public within official price of petrol.
It however, said that anyone who wants to sell below the official price of N145 was free to do so.
The statement said, “Members who wish to sell at any price below N145 were free to do so because the current government policy that makes the product available encourages price competition.
“The National President of IPMAN, Fari, has called on members to continue to render their services to the public in view of the one week postponement of the general election and not to sell petrol (PMS) above the Federal Government’s approved pump price of N145.
“Members who wish to sell at any price below N145 are free to do so because the current government policy that makes the product available encourages price competition.
“The National President has not ordered that marketers should sell at N140 and for anybody to issue such directive suggests lack of the realities on ground.”