IPMAN assures Nigerians fuel scarcity will soon be over
Ukadike Chinedu, the publicity secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN), says the scarcity of fuel being presently experienced will soon be over.
Mr Chinedu told journalists that the shifting of the supply chain was the cause of the scarcity, adding that the product would be available in a few weeks.
“The supply chain is dependent on the importation of petroleum products but now the federal government has decided that they will not import but patronise Dangote and advised marketers to buy from him.
“So now, Dangote is reliably supplying the products and other products of crude oil,” he said.
Mr Chinedu said other reasons for the scarcity include documentation and logistics problems, among others in the interchange.
He said Dangote had supplied 300 trucks and subsequently had been giving NNPCL the product.
Mr Chinedu said the use of vessels to supply in the coastal area would avert heavy usage of trucks on the roads.
“This will reduce road accidents, vehicles travelling long distances would be reduced, and it would help reduce prices.
“So we are trying to conclude the arrangement of sending through vessels to coastal areas to be able to decongest the road usage by trucks. All these things cause a little drift in the supply chain; in a little time, all these things will be fixed,” he said.
Mr Chinedu said independent marketers were trying to conclude their arrangement with Dangote so they could start buying.
He said it was important for Dangote to sell to independent marketers to reduce the issue of middlemen in terms of the distribution chain.
Also, he said the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) had promised to pay marketers N10 billion as part of the outstanding claims with the Petroleum Equalisation Fund (PEF).
“We have confidence in the authority of NMDPRA and also agreed and promised to give IPMAN bulk purchase agreement with Dangote,” he said.
Mr Chinedu said that the product would be available across the country once discussions had been concluded.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
Gov Diri approves N80,000 new minimum wage for Bayelsa workers
Mr Diri also approved an increase in the monthly pension of retired workers.
Lagos
Six injured in Lagos-Badagry expressway auto crash
The accident occurred at 1.37 p.m. near Torikoh bus stop axis of the expressway.
Education
NASU, SSANU declare indefinite nationwide strike over withheld salaries
President Bola Tinubu had approved the payment of 50 per cent of the four months withheld salaries.
Education
Ogun suspends Obada Grammar School teacher for allegedly beating student to death
In a condolence letter to the bereaved family, the government vowed to ensure justice is served.
States
I don’t tamper with LG allocations, says Gov. Aiyedatiwa
Mr Aiyedatiwa said he ensures the LGAs receive the financial resources that belong to them.
Politics
2025 LG elections won’t hold in 37 LCDAs: Lagos Assembly
The lawmaker reiterated that the state Assembly had no intention of scrapping the LCDAs as being portrayed, saying areas had promoted grassroots development.
