Oil marketers deny a threat to stop supplying fuel at the pump

Posted by

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has denied that it intends to close its doors once the government imposes a N195 per litre pump price.

National Operations Controller Mike Osatuyi issued a statement on Monday advising the public to disregard the information.

On February 3, Mojeed Adesope, Publicity Officer of Ibadan Depot, advocated for the closure of IPMAN filling stations that exceeded the fuel price restriction.

Adesope stated that because of the high ex-depot price, dealers, particularly independent marketers, were uneasy with the government’s decision.

However, Osatuyi intimated that the Nigerian National Petroleum Company Ltd., NNPCL, was preparing the logistics to begin directly providing petrol to IPMAN members.

He asked members to sell fuel to Nigerians, assuring them that the group would not jeopardize national security by stockpiling the commodity.

“In addition to IPMAN members filling at DAPPMAN depots in Abule-Ado, Ijegun, and Lagos, DAPPMAN has agreed to sell IPMAN members petrol at N172 a litre.”

The insider further stated that lPMAN would shortly load substantially at NIPCO and MRS depots for the South West and North West.

He did, however, request that the Petroleum Tanker Drivers, PTD, of the National Union of Petroleum and Natural Gas Workers, NUPENG, lower transportation expenses.

Leave a Reply

Your email address will not be published. Required fields are marked *