Independent Petroleum Marketers Association of Nigeria (IPMAN) has ordered its members to suspend all operations across the country.
IPMAN also directed its members to suspend payment of ordering products from source until further notice.
The association gave the directive via a statement issued on Tuesday by its chairman, Mohammed Kuluwu.
Following the critical situation as it affect our sourcing and selling of product at lost and the action of the authority to impose the selling of product as a lost price on our side.
You are all hereby directed to suspend selling at all filling stations and also suspend payment of ordering products from source until further notice,” Kuluwu stated.
IPMAN had, on Monday, debunked the report that marketers will shut down operations once the government starts the enforcement of N195 per litre pump price on Monday.
The IPMAN National Operations Controller, Mike Osatuyi, who made this known, said the insinuation that marketers have concluded plans to shut down operations from Monday should be disregarded.