Private depots sell petrol for N98/litres........IPMAN cries out
•Asks minister to investigate situation
• Fuel scarcity hits Port Harcourt, Edo
The Independent Petroleum Marketers of
Nigeria (IPMAN) has warned of a fresh
nationwide fuel scarcity following what it calls
profiteering by private depot owners.
The private depot owners are alleged to be
selling Premium Motor Spirit at N98 per litre.
Fuel scarcity has already hit Port Harcourt and
Edo State with a litre selling for be
and N140 where it is available at all.
Five litres is sold for a minimum of N750 at the
black market
IPMAN wants the Minister of State for
Petroleum Resources, Dr. Emmanuel Ibe
Kachikwu to investigate why the private depot
owners are selling far above the official price.
Vice President of IPMAN, Alhaji Abubakar
Dakingari, speaking to The Nation by phone said
a fresh fuel scarcity is imminent unless
government steps in immediately.
He said, “I don’t know what the minister is going
to do for us. If you watch, the fuel scarcity is
resurfacing. The private depots are selling at the
rate of N98 per litre. So we in IPMAN are
seriously worried.”
He advised the Nigeria National Petroleum
Corporation (NNPC) to increase supply as
inadequate supply is the reason why the private
depot owners are exploiting other Nigerians.
The official pump price for petrol is N86 for
NNPC affiliate petrol stations and N86.50 per
litre for Independent stations.
Dankigari said that it is impossible for the
independent marketers to buy a product for
N98 per litre and sell it for N86.50 per litre.
His words: “We want the NNPC that is supplying
almost 78 per cent to increase its volume of
supply because fuel scarcity is now imminent.
There are already signs of petrol scarcity and
the private depots owners have taken
advantage of selling the product at a higher
rate.
“And more so those private depot owners don’t
have products and those that have the product
are selling petrol at the rate of N98, which
makes it difficult for independent marketers to
buy that product because when they buy they
will lose because they will have to sell at the
rate of N86.50.
Motorists in Port Harcourt are currently paying
through their nose to get fuel.
Investigation revealed that some marketers are
not happy with federal government’s new pump
price of N86.50 per litre.
Some residents who spoke to The Nation said
the marketers should explain why they must go
through another round of furl scarcity-induced
suffering.
Mr. Johnson Ndubuisi said the latest scarcity
coming so soon after the last one is bad
enough.
Ndubuisi said: “Look at this ten litre fuel: I
bought it for N1, 500. I don’t know the problem
with these marketers who seem to prefer to sell
to black marketers who in turn sell to us at
exorbitant prices.
“Government must not allow them to continue
to exploit us; some of them have the products
but simply refuse to sell.”
There is no official reason yet for the scarcity in
Port Harcourt.
The situation is similar in Edo state where a litre
goes for N100 in some filling stations in Edo
State and as much as between N150 and N200
at the black market.
Only NNPC mega filling stations sell at the
official price of N86.
Long queues were seen at such NNPC mega
filling stations.
When contacted by phone for comments, Edo
State chairman of Petroleum Monitoring
Committee, Lord Amen Osunde, said he was at
a social gathering.
• Fuel scarcity hits Port Harcourt, Edo
The Independent Petroleum Marketers of
Nigeria (IPMAN) has warned of a fresh
nationwide fuel scarcity following what it calls
profiteering by private depot owners.
The private depot owners are alleged to be
selling Premium Motor Spirit at N98 per litre.
Fuel scarcity has already hit Port Harcourt and
Edo State with a litre selling for be
and N140 where it is available at all.
Five litres is sold for a minimum of N750 at the
black market
IPMAN wants the Minister of State for
Petroleum Resources, Dr. Emmanuel Ibe
Kachikwu to investigate why the private depot
owners are selling far above the official price.
Vice President of IPMAN, Alhaji Abubakar
Dakingari, speaking to The Nation by phone said
a fresh fuel scarcity is imminent unless
government steps in immediately.
He said, “I don’t know what the minister is going
to do for us. If you watch, the fuel scarcity is
resurfacing. The private depots are selling at the
rate of N98 per litre. So we in IPMAN are
seriously worried.”
He advised the Nigeria National Petroleum
Corporation (NNPC) to increase supply as
inadequate supply is the reason why the private
depot owners are exploiting other Nigerians.
The official pump price for petrol is N86 for
NNPC affiliate petrol stations and N86.50 per
litre for Independent stations.
Dankigari said that it is impossible for the
independent marketers to buy a product for
N98 per litre and sell it for N86.50 per litre.
His words: “We want the NNPC that is supplying
almost 78 per cent to increase its volume of
supply because fuel scarcity is now imminent.
There are already signs of petrol scarcity and
the private depots owners have taken
advantage of selling the product at a higher
rate.
“And more so those private depot owners don’t
have products and those that have the product
are selling petrol at the rate of N98, which
makes it difficult for independent marketers to
buy that product because when they buy they
will lose because they will have to sell at the
rate of N86.50.
Motorists in Port Harcourt are currently paying
through their nose to get fuel.
Investigation revealed that some marketers are
not happy with federal government’s new pump
price of N86.50 per litre.
Some residents who spoke to The Nation said
the marketers should explain why they must go
through another round of furl scarcity-induced
suffering.
Mr. Johnson Ndubuisi said the latest scarcity
coming so soon after the last one is bad
enough.
Ndubuisi said: “Look at this ten litre fuel: I
bought it for N1, 500. I don’t know the problem
with these marketers who seem to prefer to sell
to black marketers who in turn sell to us at
exorbitant prices.
“Government must not allow them to continue
to exploit us; some of them have the products
but simply refuse to sell.”
There is no official reason yet for the scarcity in
Port Harcourt.
The situation is similar in Edo state where a litre
goes for N100 in some filling stations in Edo
State and as much as between N150 and N200
at the black market.
Only NNPC mega filling stations sell at the
official price of N86.
Long queues were seen at such NNPC mega
filling stations.
When contacted by phone for comments, Edo
State chairman of Petroleum Monitoring
Committee, Lord Amen Osunde, said he was at
a social gathering.
Comments
Post a Comment