FG restores oil marketers’ right to products distribution nationwide

By Abimbola Fashakin, Lagos 

The Federal Government has restored all the rights of the Independent Petroleum Marketers Association of Nigeria (IPMAN) to products distribution in all the depots across the country. The action followed the resolution of the crisis that was rocking the association, said the chairman, Board of Trustees, Alhaji Abdulkadir Aminu on Wednesday after the association played host to members of the Nigerian Association of Transport Owners (NARTO) in Abuja. 

“I am sure that by the minister’s intervention in restoring all our rights across all the depots across the federation, I think Nigerians will have better access to products because we control 80 per cent. 

“We paid a courtesy call on the minister being a man who initiated this peace to ensure that IPMAN becomes one. He assured us that now that we have heeded to his advice, he is going to, and he hereby restores all our rights to all the depots in the federation. 

“With that now, we can take charge in all the petroleum products distribution in all the 21 depots in Nigeria. In no time the crisis of petroleum products scarcity will no longer exist.” 

He said that National Executive is partnering with some multi-nationals to assist the Federal Government to make products available in the country. 

The BoT chairman added that the executive of the association will create value in the industry by ensuring they partner with foreign investors to build at least one refinery during the present administration. 

He however noted that due to the bad roads in the country, the IPMAN’s trucks do not last long. 

Speaking, the National President, Chief Lawson Obasi, disclosed that the association has planned to commence importation of petroleum products to boost the activities of the downstream sector.

Facebook Comments

Check Also

Nigeria exports N3bn worth of goods in Q2, says NBS

The National Bureau of Statistics (NBS) has stated that the country’s total export value stood ...

NNPC to shut down 3 refineries for overhaul – Baru

The Nigerian National Petroleum Corporation (NNPC) says the nation’s three refineries would be shut down ...