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Home Entertainment

IPMAN set to import diesel to reduce scarcity

Business 360 by Business 360
August 16, 2022
in Entertainment
0

Following the energy crisis that has engulfed Nigeria, especially the Federal Capital Territory (FCT) and other states, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has kicked-off plans to import the Automotive Gas Oil (AGO) diesel to cushion the scarcity,

The Nation learnt yesterday. The Premium Motor Spirit (PMS) petrol has been very scarce not for shortage of supply, but largely due to the inability of the transporters to fuel their trucks with the expensive diesel that convey it from the coastal depots to Abuja and up north.

Besides, the highways are in a very sordid state, the IPMAN President, Alhaji Debo Ahmed, made these disclosures to The Nation on phone last night. According to him, the association is already negotiating with its stakeholders on how to import diesel into Nigeria.

He was silent on the timeline and volume, which IPMAN is eyeing. Ahmed noted that although the quantity will be large enough to cause a positive change in the ongoing energy crises in Nigeria, the Russian and Ukraine war would determine the quantity to a reasonable extent.

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