Nigeria: IPMAN states fuel scarcity caused due to inadequate supply in Abuja

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concern over the supply of petrol, blaming inadequate supply from the depots in Lagos for the scarcity of fuel experienced by residents in Abuja and several other parts of the nation.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concern over the supply of petrol, blaming inadequate supply from the depots in Lagos for the scarcity of fuel experienced by residents in Abuja and several other parts of the nation.

Chinedu Okoronkwo, President of IPMAN, disclosed this in an interview held in Lagos on Monday, 6 June.

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Okoronkwo talked against the backdrop of resurfacing of a long queue to have fuel in some regions of the country, particularly in Abuja.

He further said that the ongoing dispute between Ukraine and Russia had thwarted the smooth distribution of petrol, also called as Premium Motor Spirit (PMS).

As per him, transporters and marketers are now seeing it as a task to bridge products to other parts of the nation from the depots.

He stated that the vast prices spent on running diesel trucks to transport fuel are very disheartening as the country is already running at a loss.

The present N165 litre pump price for PMC cannot fit it into the current realities without a review of the pricing template.

He also called upon the government to look into the current situation by either providing palliatives to all marketers or reviewing the freight rate to instate normalcy to distribution.

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The palliative can be making the fuel accessible for marketers, especially diesel, at discounted costs so that it could be easy to transport products around the country.

Okoronkwo further praised the government for the bridging claims that have been paid so far to marketers, also adding that some efforts must be made to clear the outstanding amounts.

The Independent Petroleum Marketers Association of Nigeria (IPMAN) was formed in 1978 but was embodied on 12 December. The Association comprises of all the Independent Petroleum Marketers loading at the NNPC Depots around the country.

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