The Kano branch of Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members across the zone to sell Premium Motor Spirit (PMS) also known as petrol at between N168 to N170 per litre.
The Pipeline and Product Marketing Company (PPMC) had on Thursday released a circular, advising petroleum marketers to sell the product within the range of N168 to N170 per litre.
The PPMC said the decision came after a review of the prevailing market fundamentals for the month of November, 2020 with effect from Friday, November 13.
In this light, the Chairman of the IPMAN, Kano branch, comprising Kano, Bauchi, Jigawa and the Katsina States, Bashir Dan-Mallam, gave the directive while addressing newsmen in the state on Friday.
According to him, the association heeded to PPMC advice for the upward review of the pump price of petrol as contained in the circular.
“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 said.
He assured the public of the association’s commitment to ensure steady fuel supply across the state and beyond.