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Fuel Scarcity: NNPC Begins Direct Supply of Petrol to IPMAN

By Yange Ikyaa

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the management of the Nigerian National Petroleum Company (NNPC) Limited has allocated petrol to its members directly to ease scarcity.

Mr Chinedu Okoronkwo, the National President of IPMAN, confirmed on Tuesday in Lagos after the IPMAN NEC meeting with the Management NNPC Retail Limited.

Okoronkwo narrated that the order was given after the closed door meeting had resolved that IPMAN members should load petrol at NIPCO, MRS and other loading depots.

He also explained that the NNPCL Management had confirmed that the product was released as directed to the depots for immediate loading by IPMAN members.

The meeting was attended by the National President of IPMAN, Chinedu Okoronkwo; the Chairman BOT, IPMAN, Alhaji Abdulkardir Aminu; and other executive committee members of IPMAN. Also in attendance were Mr Adeyemi Adetunji, the Executive Vice President Downstream; Mr Lawal Sade, the Managing Director of the NNPCL Trading; and Mr Huub Stokman, who is theManaging Director, NNPC Retail Limited.

Valuechain learnt that IPMAN members were encouraged to upgrade their POS to G4 or G5 for payment efficiency.

Commenting on the matter, Okoronko said “members without POS are also advised to acquire it for efficiency. The arrangement was in collaboration with NNPC Retail Limited and IPMAN, and IPMAN members are advised to open up their stations and start selling to the public nationwide.”

He maintained that IPMAN was a responsible association with over 85 per cent filling stations across the nooks and crannies of Nigeria, and that lPMAN would in a few days’ time massively load at NIPCO and MRS depots for South West and North West parts of Nigeria.

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