The President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Maigandi, don talk say the fuel stock wey dem get no dey enough to meet the demand for petrol in Nigeria.
Maigandi talk dis one during a live television interview on Thursday, where he explain say even though some of their members still get small stock, e no dey enough to cover the whole country’s demand.
He also talk about the dispute between IPMAN and the Nigerian National Petroleum Limited Company (NNPCL) over the price of petrol. According to him, NNPCL dey sell petrol to independent marketers at a higher price than what dem buy am from Dangote Refinery. For example, NNPCL dey sell petrol to marketers at N1,010 per litre in Lagos, N1,045 in Calabar, N1,050 in Port Harcourt, and N1,040 in Warri, while dem buy am from Dangote Refinery at about N898 per litre.
This issue make IPMAN threaten to stop operations nationwide because of the high costs associated with loading petroleum products from NNPCL facilities. However, after a peace meeting facilitated by the Director General of the Department of State Services, Adeola Ajayi, NNPCL agree to permit the loading of products to cover the N15 billion owed to the marketers.
The National Publicity Secretary of IPMAN, Chinedu Ukadike, confirm dis development in an interview with Sunday PUNCH on Saturday. He say the meeting involve a director from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Group Chief Executive Officer of NNPCL, Mele Kyari.
