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No plan to increase cost of petrol – IPMAN

People queue with their vehicles to buy fuel in front of a fuel station at Agege district in Lagos, Nigeria April 5, 2016.   REUTERS/Akintunde Akinleye
People queue with their vehicles to buy fuel in front of a fuel station at Agege district in Lagos, Nigeria April 5, 2016. REUTERS/Akintunde Akinleye
The denial was made on Friday, January 27, by state IPMAN Chairman, Alhaji Bashir Dan-Malam.
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) in Kano State has denied reports of a planned

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The denial was made on Friday, January 27, by state IPMAN Chairman, Alhaji Bashir Dan-Malam.

“As leaders of the association, we feel it is necessary to tell our members the truth as the government has no plan to increase fuel price for now,” Dan-Malam told journalists.

“The rumour is a lie and anything you hear that is not from us, ignore it,” he added.

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Fears of a possible price increase were sparked after it was revealed that oil marketers, who import the bulk of petrol consumed in Nigeria, had stopped lifting the product.

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