Petrol Scarcity: IPMAN Issues Deadline To NNPCL On Ex Depot Price
Independent Petroleum Marketers Association of Nigeria (IPMAN) has given the Nigerian National Petroleum Company Limited (NNPCL), a seven day deadline to sell petrol to its members, at approved ex-depot prices.
After the deadline, it warns that filling stations in its fold will stop selling the product.
Chairman of IPMAN at Ejigbo depot in Lagos, Akin Akinrinade issuing the threat at a news conference, accused the NNPCL of selling the product at discriminatory prices to major marketers, private depots and independent marketers.
According to him, NNPCL is selling a litre of petrol to major marketers and private depots at N14.48, and N220 to independent marketers.
He said that the discriminatory ex depot prices enable major marketers to dispense petrol at between N169 and N170 per litre, while filling stations belonging to independent marketers are selling at N250 and above.
The IPMAN chairman complained that they are in the process losing customers to filling stations operated by NNPCL and major marketers.