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| A Nozzle |
The Chairman, Independent Marketers' Petroleum Association of Nigeria (IPMAN) hinted in a radio interview that the situation is likely to remain or even get worse if proactive measures are not put in place.
In an interview that lasted about 30mins, Mr. Bayode Olowookere said in clear terms that the situation is beyond their control. In his explanation,
Only major marketers have the license to import petroleum products and they only get such products from their depot at Apapa.The Federal Government directs the major marketers to sell to them at the rate of #77.60 per litre of petrol in line with the subsidy arrangement. But presently they get fuel at between #95 to #100 at the depot. They pay tankers that lift the fuel from the depot to filling stations as much #250,000.00 per trip in addition to clearing charges also paid to NUPENG before leaving the depot. All of these added together eventually affects the price the sell at their private station. We are businessmen and we sell what we buy, he added.
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| Tanker Charges #250,000.00 per trip |
By this arrangement, major marketers rip off both the government and the masses because they get subsidies claim and still sell to them at higher rates already subsidized by the government.
He however pleaded with the Department of Petroleum Resources (DPR) to look into the affairs of the depot owners to ensure they sell at the agreed rate. He pleaded with the Government to bring in fuel through NNPC since they are the only depot that sells to them at normal rate.
Further he said, the lasting solution will be to put the five refineries we have in the country back in shape. As a body, we have met with the new Government of Lagos state to build a refinery in Lagos, according to statistics, Lagos consumes 40%-50% of fuel that comes into the country, he concluded.
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| Functioning Refinery is the last resort - IPMAN Boss |
His contact for further question and advice (08064488401, 0803306930).
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