09 March 2016, Abuja – Members of the Independent Petroleum Markers Association of Nigeria (IPMAN) on Wednesday disrupted the monitoring exercise embarked upon by the Department of Petroleum Resources (DPR) over the selling price of petrol in Ilorin, Kwara state capital.
While the DPR insisted on the official price of N86.50 per litre, IPMAN said they would sell above the official price since they were buying from private oil depots and not from the federal government’s oil depots.
IPMAN, which was led by its Chairman, Alhaji Okanlawon Olanrewaju, and supported by other members, insisted that they would henceforth not obey the federal government’s regulation of the oil and gas sector prices.
Olanrewaju and his members stormed some of the filling stations that were hoarding petrol which were sealed by the officials of the DPR in the state capital and unseal them.
Speaking during the rancour in Joy by Joy filling station along Ajase-Ipo road in Ilorin, Olanrewaju flanked by some of his members said they have not been working for over 7months and promised that they will not continue like that.
“We are buying petrol from private depots at N106 and reach N111 as landing cost. We do not have more than two trucks at Ilorin depot as we speak with you now. We can’t continue like that.”
- This Day