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<div>The Independent ; Petroleum Marketers Association of Nigeria (IPMAN), Kano chapter has reacted to the new price ; announced by the Petroleum Pricing Regulatory Agency ( PPPRA), and has ; instructed its members to comply with the new price with immediate effect.</div>
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<div style="clear: both; text-align: center;"> <a href="https://lh3.googleusercontent.com/-Qrp9Pdhlprs/XtY5g9Qb1RI/AAAAAAAABDg/BAFQRjsGbuA4BBvc2-AX3n19NRuASXH9gCLcBGAsYHQ/s1600/1591097727857788-0.png" style="margin-left: 1em; margin-right: 1em;"> <img border="0" src="https://lh3.googleusercontent.com/-Qrp9Pdhlprs/XtY5g9Qb1RI/AAAAAAAABDg/BAFQRjsGbuA4BBvc2-AX3n19NRuASXH9gCLcBGAsYHQ/s1600/1591097727857788-0.png" width="400" /> </a></div>
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<div>This was contained in a statement by the ; chairman independent petroleum marketers association Kano chapter, Alhaji Bashir Danmallam, a copy of which was made available to newsmen in Kano on Tuesday. ;</div>
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<div>He asked all marketers under his jurisdiction to comply with the new price modulation advice by making sure no one sells above the approved ceiling of N123.50K per litre.</div>
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<div>Recall in a circular released by the Petroleum Products Pricing Regulatory Agency (PPPRA) Ø directed marketers to sell fuel (PMS) not above N123.50 per litre.</div>
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<div>“After a review of the prevailing market fundamentals in the month of May and considering marketers’ realistic operating costs, as much as practicable, we wish to advise of a new PMS guiding pump price with corresponding Ex-Depot price for the month of June, 2020, as follows: Price Band: N121. 50 &#8212; B123. 50 per litre. ;</div>
<div>Ex-Depot price:N102.13&#8211;N104.13 per litre. ;</div>
<div>Ex-Depot for collection:N109.78&#8211;N111. 78 per litre. ;</div>
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<div>“All marketers are advised to operate within the indicative prices as advised by the PPPRA,” the circular said. ;</div>
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<div>Danmalam further assured the public of a steady supply and distribution of petroleum products at all times and in all circumstances, praying also that God would see us through the pandemic.</div>
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<div>He advised ; public and marketers to continue to observe all public health measures of personal hygiene and physical distancing to curtail the spread of the virus.</div>
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