Kano state chairman of IPMAN,Mr Bashir Dan-Malam, in an interview in Kano North west Nigeria disclosed this.
According to voice of Nigeria Dan-Malam advised members in Kano state to continue with their normal business, promising that the association would sanction anyone caught hoarding or selling the product above the approved price of N145.
“As leaders of the association, we feel it is necessary to tell our members the truth as the government has no plan to increase fuel price for now,” he said.
“This is a rumour. Anything you did not hear from us, ignore it.”
Dan-Malam said during a meeting with members of the committee, it was resolved that the union should reconcile with the Petroleum Equalisation Fund (PEF) on the outstanding payment of transportation charges.
“During the meeting it was agreed that a committee to be chaired by the Minister of Finance, Mrs Kemi Adeosun consisting of all stakeholders be set up with a mandate to reconcile all outstanding balances,” he said.