Nigerian Oil Marketers Refuse To Sell Oil At Subsidized Price, Blame Depot Owners
Thursday, the Rivers
State branch of Independent Petroleum Marketers Association of Nigeria (IPMAN)
announced it would sell its fuel at above government-approved
prices unless the
fuel depots also comply with the government directive.
Nigerians Queue For
Fuel
Nigerian Bulletin
Until the fuel
depots agree to sell their oil at the government-approved prices IPMAN will
continue to sell their fuel at between N120-N180 per litre. It will be recalled
that earlier this week, SaharaReporters published a report on the Federal
Government’s decision to approve a N407 billion fuel subsidy.
The Chairman of
IPMAN, Mr. Sunny Nkpe, blamed the depots for the inability of his union to sell
at the government mandated price.
“The depots sell to
us at a high price and expect us to sell at the official rate. We will not
accept that,” the Chairman said.
However a
representative of the depot owners, Mr. Paul Fred, disagreed arguing that the
depots faced the problems of allocation and finance.
“Amidst said
challenges, the depots owners are ready to play by the rules of the game in
order to move the country forward,” Mr. Fred explained.
The Department of
Petroleum Resources warned both IPMAN and the depot owners that it would not
tolerate any illegal acts by either party.
Source : Sahareporters
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