The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns about a price war between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Petroleum, which is reportedly affecting its members.
The conflict over fuel pricing is creating a challenging environment for IPMAN members, particularly in the Anambra, Ebonyi, and Enugu states. The situation is causing financial strain on independent marketers as they struggle to compete in a volatile market dominated by these major industry players.
The ongoing price dynamics threaten the profitability and sustainability of smaller petroleum marketers in the region. IPMAN is calling attention to the impact of this competition, seeking measures that could alleviate the financial losses suffered by its members.
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