SAN FRANCISCO, February 19, (THEWILL) – The western zone of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has advised the Federal Government to increase the importation of fuel to meet the local demands.
This was stated by the Zonal Chairman of IPMAN, Debo Ahmed, while briefing journalists on the lingering shortage of fuel which he attributed to the insincerity of government to end the crisis.
He revealed that the independent marketers that account for 8,000 filling stations across the country are being given 30% of the imported fuel while NNPC stations with only 549 stations in the country usually get the highest of 50%.
He said the association is also asking the FG to deregulate the sector and ensure the full capacity of the depots across the country in order to permanently eradicate the constant shortage of fuel across the country.
Ahmed further noted that since the Federal Government did not allow independent marketers to import fuel again due to its inability to pay the subsidy, the little being imported should be increased.
He insisted that there should be a reversal to the former sharing formula of 40% for IPMAN, 30% for major marketers and 30% for NNPC stations.
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