DAILY POST
The Independent Petroleum Marketers Association of Nigeria, IPMAN, on Friday said its members make only about N350,000 profit from a truck load of fuel which costs about N50 million.
IPMAN said it is tired of name calling by Nigerians following the back and forth exchanges between it and Dangote Refinery.
Yakubu Suleiman, National Assistant Secretary of IPMAN stated this on Friday while fielding questions on Arise Television’s Morning Show programme.
Suleman claimed the marketers are truly patriotic to Nigerians, adding that people would praise IPMAN if they understand the whole dynamics in the petroleum industry.
He said: “So when we go and buy at higher price and come and sell it high at what people are not expecting, they will start calling IPMAN.
“We are tired of this name calling of IPMAN.
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