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Oil & Gas
IPMAN opposes rising petrol imports, warns of higher pump prices
Vanguard
Jul 19, 2026 · 18:31 WAT
The Independent Petroleum Marketers Association of Nigeria has expressed opposition to the rising issuance of petroleum product import licences. The association warned that increased imports could worsen domestic price instability, heighten pressure on the naira, and lead to higher petrol pump prices.