IPMAN warns against petrol scarcity as depots sell N135/litre

The Vice President, Independent Petroleum Marketers Association of Nigeria (IPMAN) , Alhaji Abubakar Maigandi, yesterday alleged that private depots have increased fuel pump price from N133.28 per liter to N135 per liter.

He urged the Federal Government, especially the Department of Petroleum Resources (DPR) and the Nigerian National Petroleum Corporation (NNPC) to arrest the situation.

He said: “All the private depots in the country are selling petrol to our marketers for N135 per liter whereas the PPPRA authorises them to sell it for N133.28 per liter. If the regulating agency does not intervene on time it may lead to fuel scarcity.”

The Executive Secreatry, Depot and Petroleum Products Marketing Association (DAPPMA), Mr. Olufemi Adewole, denied the allegation.

The DPR Head Public Affairs Unit, Mr. Saidu Mohammed, said he was driving when our reporter called him. He did not keep his promise to get back.

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