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Tuesday, January 16, 2018.

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Nigerian News » Transportation
 
 

 

Fuel scarcity: Loading at Ibadan Depot grossly inadequate – IPMAN


 
Posted 4 days, 12 hrs ago
 
 
 
 
 
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday said that petrol allocations by the Nigerian National Petroleum Corporation (NNPC) to Ibadan Depot was grossly inadequate.

Alhaji Raimi Tayo, Chairman, Ibadan Depot of IPMAN, told the News Agency of Nigeria (NAN) in Lagos that independent marketers hardly loaded 12 trucks daily.

Tayo said that the situation was causing scarcity of petrol in the hinterlands.

According to him, the depot – which usually loads six million litres on daily basis – has reduced the loads to 400,000 litres per day.

This development, he said, has affected business activities of independent marketers.

He alleged that the Federal Government gave more attention, in terms of product allocations, to private depots.

“Petroleum products allocation to Ibadan Depot was grossly inadequate.

“We have appealed to the government through the NNPC to pump enough products to the depot so that marketers can be in business.

“As at this morning, private depots are selling at N158 per litre as against the government-regulated ex-depot price of N133.28 kobo,’’ he said.

Tayo appealed to the government to clamp down on depot owners who sold above ex-depot price to marketers.

According to him, although members of the public accuse marketers of selling above the official pump price, there is no way marketers will sell petrol at N145 per litre at filling stations when the product is sold for between N158 and N162 per litre at private depots.

The IPMAN chairman appealed to the NNPC to make petrol available to marketers at depots to ease distribution to hinterlands.
 
 
 
 
 

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