Thursday, 4 June 2015

Cause Hike in Fuel Price at Lagos Revealed!!!

Image result for pictures of police gov. ambode for lagos state
AN absolves members of blame Lagos State chapter of the Independent Petroleum Marketers Association of Nigeria, IPMAN, has absolved its members of blame over the current hike in fuel prices in the country.
In a statement issued yesterday by IPMAN state chairman, Adebayo Ajayi, the association laid the blame on private tank farm owners, who sell fuel at a cost of N105 to N110 per litre, making it difficult for IPMAN members to sell the controlled price of N87 per litre.

Ajayi said his members had no option than to buy fuel at either N105 or N110 per litre and resell it so that economy of the nation would not be grounded. He added that this was because the NNPC depot, where the IPMAN members were registered, had no fuel to supply currently.
Ajayi said this explanation became necessary so that members of the public would know the truth about the fuel crisis confronting the nation and who to blame.
“There is news all over the country, blaming the IPMAN for selling above the pump price. This is one of the issues concerning the fuel palaver that I want to put across to Nigerians.
“Nigerians should take note that members of IPMAN are not shylock and greedy businessmen who have no feeling for their fellow countrymen and women.
“Currently, the landing cost from the private depots owners is between N105 or N110 per litre. There is no way we can sell thesame fuel at N87 per litre. It is IPMAN that is still keeping Lagos and Nigeria as a whole running
“If you look at all the major marketers’ filling stations, most of them have no fuel to sell. The mega filling stations are also not selling because their source of is from NNPC depots. “Because we are independent oil marketers, we buy our fuel from many sources. The point the IPMAN is making, is that the private depots are not selling fuel to the IPMAN members at government- controlled price, but at higher prices,” Ajayi stated.
He said “The public should note that we are making sacrifices for the economy to move forward, because if not, Lagos State and indeed the entire country would have been shut down. Our members are playing significant role to drive the economy of this nation. Therefore, our members should not be blamed for the high cost of fuel in the country.”
The IPMAN boss called on Lagos State Governor, Akinwunmi Ambode to fasttrack the establishment of at least two oil refineries in Lagos State, stressing that there was ready market for the produc



Etiam at libero iaculis, mollis justo non, blandit augue. Vestibulum sit amet sodales est, a lacinia ex. Suspendisse vel enim sagittis, volutpat sem eget, condimentum sem.