- Garima’s remarks on the planned IPMAN modular refineries came amid speculation that the Nigerian Government and the Nigerian National Petroleum Company Limited were planning to increase the fuel pump price in the country to N1,200 per litre
Alhaji Abubakar Migandi Garima, the President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), announced plans to construct modular refineries in Lagos and Cross River states.
Speaking during a live program on AriseNews TV, Garima highlighted that the government’s removal of fuel subsidies has prompted their initiative to establish these refineries.
He said, “All what they have been saying that there is no subsidy and still they are saving that amount of money of subsidy. So I think the journey is OK and we too Independent Petroleum Marketers are making a plan, we are even pushing to see that our own refinery has come to reality.
“We are planning in two places. There is one in Lagos that we have already secured the land. Aggie refinery is there.”
“So we are all putting all our efforts to see that we too at least we started something.
“Since the removal of subsidy is ongoing and Dangote refinery is expected to start functioning very soon. And this Port Harcourt refinery, we’re expecting to start soon. It’s a modular refinery,” he added.
Garima’s remarks on the planned IPMAN modular refineries came amid speculation that the Nigerian Government and the Nigerian National Petroleum Company Limited were planning to increase the fuel pump price in the country to N1,200 per litre.