Business
Govt, depot owners to blame for fuel queues –IPMAN
In from Timothy Enietan-Matthews . . .
Independent petroleum marketers, have said that those responsible for the existing fuel scarcity in some parts of the country, are government and private depot operators who they said, refused to sell products to marketers even after collecting monies for such products.
President, Independent Petroleum Marketers Association of Nigeria (IPMAN) Mr. Chinedu Okoronkwo stated this in Abuja on Friday.
He said: “You can see that a lot of queues are forming already at the filling stations and it is as a result of not getting enough products from private and government depots.
“Some of our members have paid for over four months without getting the products at government depots and some of our members borrowed these monies from the bank. But we have told them to buy and sell only at government approved price.”
Okoronkwo however called on members of the association to buy and sell petroleum products at government regulated price to avoid the wrought of regulators, adding that it was critical that products were made available to IPMAN members to ensure that scarcity of petrol was avoided.
Read also: FG to arraign factional leaders of IPMAN
He called on the Federal Government to intervene so that its members can procure petrol from private and government operated depots, stressing that some dealers were yet to obtain products four months after payments had been made.
He said: “In our meeting, we received various complaints about harassment from government agencies, especially from the Department of Petroleum Resources. However, we have advised our members to comply with government approved rates.
“We are not going to encourage selling above government approved pump price. Therefore, I want to also use this opportunity to implore the Federal Government to also talk to the private depot owners to sell the products at a price that our members can access.
“We urge told our members not to sell at prices that would attract the wrought of government. We reiterated that government has its template and that members should buy at rates where they can sell within the given price of N87/litre”, he stated.
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