Tuesday, 1 March 2016

Why Nigeria is experiencing fresh petrol queues – IPMAN

why nigeria is expriencing fresh petrol Queues......

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The Independent Petroleum Marketers Association of Nigeria (IPMAN), yesterday attributed the fresh nationwide fuel scarcity on non-availability of petrol for the marketers to load from petrol depots.
The association’s Vice President, Alhaji Abubakar Dankigari, who spoke to The Nation on telephone yesterday, disclosed that members of the association have 8,000 pending tickets unloaded.
He revealed that over the past few weeks, private depots owners have been selling petrol at a price higher than the official N77 per litre to marketers, lamenting that the depots have all gone dry.
Concurrently, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has cautioned depot owners against selling petrol above the approved ex-depot price of N77 per litre.
Its Group General Manager, Group Public Affairs Division, Mr. Ohi Alegbe in a statement yesterday said the warning came as a result of repeated complaints by marketers of sharp practices at the depots.
The statement quoted Kachikwu as warning that depot owners found to be involved in selling products above the approved ex-depot prices would be severely sanctioned.
Dankigari, however, blamed the fuel scarcity on the Nigerian National Petroleum Corporation (NNPC) that is responsible for the importation of 78 per cent of the product to the country.

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