'IPMAN Not Closing Stations Over N195/Litre Enforcement' - Osatuyi




The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Sunday debunked the insinuations that marketers of Premium Motor Spirit (PMS), popularly called petrol, are getting set to shut down operations beginning from Monday once the government starts the enforcement of N195/litre pump price.


Mr. Mike Osatuyi, IPMAN’s National Operations Controller, debunked the assertion in a statement issued in Abuja and made available to journalists.


Osatuyi said it became necessary to debunk the insinuation that IPMAN members planned to shut down their stations, adding that the Nigerian National Petroleum Company Limited (NNPCL) is preparing the logistics to start giving petrol to IPMAN members directly. 


He advised members to open up their stations and start selling to the public nationwide.


Osatuyi, who posited that IPMAN is a responsible Association that will not be involved in undermining national security as petrol is a national security product, maintained that "apart from IPMAN members loading at DAPPMAN depots in Abule-Ado, Ijegun axis of Lagos, it has agreed to sell petrol at N172/litre to IPMAN members as part of the Federal Government and DAPMAN efforts in ensuring that Nigerians enjoy the subsidy regime.


He added that lPMAN will also load in NIPCO and MRS depots massively for the South West and North West parts of the country in a few days, with a further position that the National Union of Petroleum and Natural Gas Workers (NUPENG) must be applauded for cancelling the N3 naira union charges on petrol in the last two days in loading depots.


Osatuyi, however, posited that the government should advise NUPENG/ PTD to bring down the transportation cost to various parts of the country where a reasonable profit will be made by the transport owners and the benefits of subsidy will equally be enjoyed by the public to enable IPMAN members to sell at reasonable and near approved prices nationwide.


He, however, said that Adesope Ibadan IPMAN Depot Publicity Officer has no mandate to talk on behalf of the national body of IPMAN. 


It would be recalled that Alhaji Mojeed Adesope, the IPMAN Publicity Officer, Ibadan Depot had called for the shutdown of all IPMAN's filling stations due to the government's pronouncement on the pump price of petrol that it should not exceed N195/litre, a development which dealers, particularly independent marketers, described as tough due to the high ex-depot price of the commodity.


But Osatuyi had revealed that members will begin to get supplies from the Nigeria National Petroleum Company Limited (NNPCL).


He said that going forward, the independent marketers, being a critical complement to the major marketers in breaking the festering scarcity, got assurance of direct supply of petrol from the NNPCL.


The moves came on the heels of a critical meeting between NNPCL, MOMAN, IPMAN, Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN), and the Department of State Services (DSS) among others.


The National Operations Controller maintained that the NNPCL has agreed to be selling petrol directly to IPMAN members at the regulated official price, rather than the crisis-fueling situation of routing products through third parties, who had been severally fingered as being behind inflated wholesale supply prices.


Osatuyi suggested that the direct sale of products to independent marketers “will bring down the price of the product”, noting that direct sale of products to independent marketers will lead to the immediate reversal of retail prices to the regulated retail price.


He said: “I can tell you that the NNPCL has agreed to be giving IPMAN petrol directly and not through a third party. The Federal Government of Nigeria and the Inspector General of Police should call the Federal Task Force on petroleum products to order, as their recent actions are geared towards intimidation and exploitation. 


“IPMAN will work with them in a peaceful and friendly atmosphere to fish out fraudulent members among IPMAN members that can be proven, but not exploitative agenda.”


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