IPMAN faults claims of kerosene scarcity

Kerosene-queue08 August 2013, Lagos – Kerosene is not in short supply, the Independent Petroleum Marketers Association of Nigeria, IPMAN, has said.

Its National Secretary, Mike Osatuyi, told reporters, Wednesday, that those pedling the rumour were mischievous, and expressed the group’s displeasure over the undue concern the false alarm about kerosene scarcity has caused.

He said the National Executive Committee of IPMAN is unhappy with publications calling for the removal of the leadership of the Pipelines and Products Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC.

He said IPMAN has investigated the matter, and confirmed that those spreading the news on kerosene scarcity are paid agents planning to disrupt the serenity marketers have been enjoying for some period in the downstream sector.

“IPMAN controls over 85 per cent of Nigeria’s petroleum products retailing, which makes our association a dominant player in the Nigerian downstream market,” he said, adding that IPMAN is in a vantage position to talk authoritatively on the petroleum products supply and retailing chain in Nigeria.

Nigeria has been enjoying consistent supply of petroleum products in the system for a long time arising largely from the activities of NNPC/PPMC, and contributions from other marketers, he stated.

– Emeka Ugwuanyi, The Nation

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