The Independent Petroleum Marketers Association of Nigeria has implored the Federal Government to permit its members to procure a direct supply of petroleum products to alleviate the strain in the industry.
Mr Chinedu Anyaso, Chairman of IPMAN, Enugu Depot in charge of Anambra, Ebonyi, and Enugu States, stated this in his 2024 Independence speech delivered on Tuesday in Awka, Anambra State's capital.
Anyaso noted that sourcing and pricing of products were determined by the Nigerian National Petroleum Company Ltd.
“As it is today, we are selling according to the price we are getting the products, there is not much we can do to influence the major variables of price and availability.
“IPMAN controls about 85 per cent of retail outlets in the country, so we are in a position to play greater impacts in the reforms going on in the sector.
“If the sector is further liberalised to allow IPMAN participate as major stakeholders, products will definitely become more available and price will be cheaper,” he said.
Anyaso disclosed that the national leadership of IPMAN is currently engaged in strategic discussions with the management of Dangote Refinery to obtain direct supplies from the corporation.
He stated that directly sourcing products from the company would lead to a reduction in prices.
