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Home Energy

Marketers resort to private depots, shortage hits NNPC

Business 360 by Business 360
December 5, 2022
in Energy
0

The Independent Petroleum Marketers Association of Nigeria has disassociated itself from the current scarcity of the Premium Motor Spirit, also known as petrol, which is ravaging the country. IPMAN, in a statement signed by Ogun State Chairman, Mosinmi Depot, Femi Adelaja, on Sunday, attributed the current scarcity of petrol in Ogun State to the Federal Government and the Nigeria National Petroleum Corporation’s failure to make the products available for its members at affordable prices.

The statement read, “The leadership of the Independent Petroleum Marketers Association of Nigeria in Ogun State has noticed with serious concerns, the scarcity of the Premium Motor Spirit (PMS) commonly referred to as petrol across towns and cities in Ogun State, with its attendant hike in the dispensing price above the federal government stipulated price.

“Be informed that this crisis currently being experienced by Nigerians over scarcity of the Premium Motor Spirit (PMS), popularly called petrol, was not caused by the Independent Petroleum Marketers Association of Nigeria (IPMAN), but, rather, the Federal Government and the Nigeria National Petroleum Corporation (NNPC), which have failed to make the product available for our members at affordable prices.”

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