IPMAN Reveals Real Reason Behind Current Fuel Scarcity

IPMAN Reveals Real Reason Behind Current Fuel Scarcity
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The Independent Petroleum Marketers Association of Nigeria also known as the IPMAN has squarely fingered the inadequate supply of petrol from the depots in Lagos for the scarcity being experienced in Abuja and other parts of the country.

IPMAN President, Mr Chinedu Okoronkwo, made this known on Monday in Lagos.

Okoronkwo spoke against the backdrop of resurfacing of fuel queues in some parts of the country, especially in Abuja.

He said that the ongoing conflict between Russia and Ukraine had disrupted the smooth distribution of petrol, also known as, Premium Motor Spirit (PMS).

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According to him, marketers and transporters are now finding it difficult to bridge products to other parts of the country from the depots.

He said: “The huge amount spent in running the diesel trucks to transport fuel is very discouraging because we are running at a loss.

“The current N165 per litre pump price for PMS cannot fit in into the present realities without the pricing template being reviewed.

“We appeal to the government to look into the situation by either reviewing the freight rate or providing palliatives to all marketers to restore normalcy to distribution.

“The palliative can be making diesel accessible for marketers at discounted rates so that we can easily transport products across the country.”

Okoronkwo commended the government for the bridging claims paid so far to marketers, adding that efforts should be made to clear the outstanding amounts.

The Minna Depot chairman has also reiterated that if the PTD continued to hold their trucks it will lead to increase in prices and scarcity of the petroleum product in Minna and environs but the blame should not be on the marketers.

Also, the director of First El- Shaba, Alhaji Abdullahi Namina, said they are law abiding citizens and union hence they cannot afford to go violent over issues.

 

Africa Daily News, New York

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