Friday 23 February 2018

Fuel scarcity may continue, IPMAN warns


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The Independent Petroleum Marketers Association of Nigeria has warned that the ongoing scarcity of petrol, which started since December 2017 may continue if the right steps are not taken by the authorities to address the problem.

The Chairman, IPMAN, Western Zone, Mr. Debo Ahmed, who gave this indication, also said the NNPC had no capacity to meet the nation’s total petrol demand.
Ahmed, whose zone covers Oyo, Osun, Lagos, Kwara, Ondo and Ekiti states, spoke during a media briefing in Ilorin, Kwara State, noting that the NNPC had been the sole importer and distributor of petrol, a situation he described as a dangerous monopoly.

This, he said, was destroying the nation’s economy.
He said that fuel scarcity would only abate if the NNPC could massively import the PMS and distribute with IPMAN, Major Oil Marketers Association of Nigeria and the NNPC to all retail outlets or the corporation’s mega stations.

He suggested that 40 per cent should be allocated to IPMAN; MOMAN, 30 per cent; and the remaining 30 per cent to the NNPC (mega stations).
He appealed to the concerned authorities to make all depots functional to aid easy distribution of the product, adding that the NNPC should massively import petrol to address the scarcity in many parts of the country.


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