IPMAN to FG: Hasten deregulation of petroleum sector to stabilise market | TheCable

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The Independent Petroleum Marketers Association of Nigeria (IPMAN), has advised the federal government to fully deregulate the petroleum sector to further open up the market. Yakubu Suleiman, national public relations

October 1, 2022 8:23 PM

Yakubu Suleiman, national public relations officer, IPMAN, said this on Saturday in an interview with NAN, in Abuja.However, he commended the federal government, especially the Nigerian National Petroleum Corporation limited and the Petroleum Products Marketing Company Limited management and other stakeholders, for their constant support.Suleiman also assured Nigerians of the IPMAN’s commitment to adequate supply of petroleum products across the country.

According to Ewa, the key objective of the PIB was to overhaul and transform the Nigerian oil and gas industry because of its significant impact on the economy.“The PIB is to provide legal, governance, regulatory and fiscal framework for the Nigerian petroleum industry and development of host communities,” he said.

 

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