NNPC Attributes Fall In Diesel Price To Improved Supply

Increase Fuel Importation To Meet Demands, IPMAN Tells FG

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NNPC Attributes Fall In Diesel Price To Improved Supply

The western zone of the Independent Petroleum Marketers Association of Nigeria [IPMAN], has advised the Federal Government to increase the importation of fuel to meet the local demands.

They are also asking the FG to deregulate the sector and ensure the full capacity of the depots across the country in order to permanently eradicate the constant shortage of fuel across the country.

The zonal chairman of IPMAN, Debo Ahmed, stated this while briefing journalists on the lingering shortage of fuel which he attributed to the insincerity of government to end the crisis.

He stated that the independent marketers that account for 8,000 filling stations across the country are being given 30% of the imported fuel while NNPC stations with only 549 stations in the country usually get the highest of 50%.

Mr Ahmed further noted that since the Federal Government did not allow independent marketers to import fuel again due to inability to pay the subsidy, the little being imported should be increased and revert to the former sharing formula of 40% for IPMAN, 30% for major marketers and 30% for NNPC stations.

– Channels TV

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