The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members in the southeast zone to revert to the old price of N170 and N175 per litre.
Mr Chinedu Anyaso, Chairman of IPMAN Enugu Community Depot in charge of Anambra, Ebonyi, and Enugu States, stated this in an interview with the News Agency of Nigeria (NAN) in Awka on Friday.
NAN reports that marketers in the zone adjusted their rates to between N210 and N212 on Friday which consequently threw customers into panic.
The NAN correspondent who monitored the situation in Awka observed that most fuel stations were deserted, while long queues surfaced at NNPC mega station, which was yet to hike the price of petrol.Mr Victor Emeka, one of the marketers, said the downstream market was in confusion due to disagreeing with directives from NNPC and PPRA. (Guardian)