Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have been ordered to halt all activities nationwide.
The marketers were also instructed to postpone paying for product orders from the source until further notice, according to a statement signed on Tuesday by Mohammed Kuluwu, chairman of IPMAN.
“The critical situation as it affects our sourcing and selling of product at lost and the action of the authority to impose the selling of product at a lost price on our side,” the association claimed as the reason for the decision.
Details later.