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IPMAN blame NNPCL for supply-induced fuel scarcity

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IPMAN blame NNPCL for supply-induced fuel scarcity

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said its members do not get enough Premium Motor Spirit supply from the Nigerian National Petroleum Company Limited (NNPCL) in the wake of scarcity of products sweeping across the country. 

Meanwhile, IPMAN Ore Depot Chairman, Engr Shina Amoo said the NNPCL, which is currently the sole importer of petroleum products, has failed to supply its more than 3000 members controlling the largest share of filling stations across the country, with adequate products capable of catering for their activities, in the last three years.

Amoo spoke to the rise in prices of products at the depots after the removal of subsidies, saying if corruption was removed from the downstream system, prices of products would be forced to drop.

Read another recent post here: https://classic91.net/federal-government-issues-500-million-domestic-dollar-bond/

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