Gas Queues Might Persist At Main Entrepreneurs’ Shops, Says IPMAN

Gas Queues Might Persist At Main Entrepreneurs’ Shops, Says IPMAN
Fuel Queue
Gas Queue


Oil entrepreneurs have stated gasoline queues at filling stations throughout the nation could persist if customers and motorists’ proceed to purchase the product at chosen filling station shelling out the product beneath N200/litre.

The Nationwide Operations Controller, Impartial Petroleum Entrepreneurs Affiliation of Nigeria (IPMAN) Mike Osatuyi, stated on Monday that the lingering queues at some filling stations had been attributable to customers who insisted on shopping for the gasoline at cheaper shops.

“There may be petrol within the nation. No extra shortage, nonetheless, the lengthy queues you continue to see on the expressways is attributable to those that wish to purchase petrol at N180 per litre. In any other case, those that can afford the costlier product can simply drive into different stations and purchase with out queuing up”, he stated.

Our correspondent sighted lengthy queues at filling stations belonging to members of the Main Oil Entrepreneurs Affiliation of Nigeria, and people of the NNPCL alongside the Oshodi-Berger Expressway. Findings present that whereas NNPCL stations promote at N179/litre, main oil entrepreneurs promote at N180/litre. Nevertheless, filling stations belonging to unbiased petroleum entrepreneurs nonetheless promote at over N200/litre.

In the meantime, Economic Confidential on Monday, obtained an inside memo by IPMAN’s President, Chinedu Okoronkwo, informing its over 30, 000 members nationwide that the affiliation will not do enterprise with what it termed “NNPC Buyer Specific.”

As such, the physique directed its members to register with the “NNPC Retail” efficient January 1, 2023.

Whereas additionally directing members to e-book their orders underneath the brand new platform, it assured the members that companies that had paid utilizing the earlier platform would get their merchandise.

Impartial oil entrepreneurs had in December 2022, reportedly inked a take care of the brand new NNPCL Retail Managing Director, Hubb Stockman, for the direct provide of petrol to IPMAN members at authorities regulated value of N148/litre, ranging from this month.

Spokesperson for NNPCL, Garba Deeen, declined talking on the gasoline shortage regardless of a number of calls and messages despatched to his official line and e mail.

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