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By Matthew Eloyi
Private depot owners, according to the Independent Petroleum Marketers Association of Nigeria (IPMAN), are to blame for the increase in the pump price of Premium Motor Spirit (PMS) in some parts of Nigeria.
Mr Chinedu Okoronkwo, IPMAN’s National President, told newsmen that certain private depot owners had refused to lower their ex-depot prices for PMS, better known as petrol.
According to reports, some independent marketers are still selling PMS in their stations for between N180 and N200 per litre, particularly in the interior parts of Lagos and Ogun States.
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“Some of our members are still buying products at higher ex-depot prices hence you see that some of them are selling more than the approved pump price of N165.
“IPMAN is appealing to the government and relevant authorities to engage these depot owners to revert to the old price regime so that there will be some kind of uniformity in the price of petrol,” Okoronkwo said.
He said the scarcity of PMS experienced across the country in the past few weeks was almost coming to an end.
He advised the Nigerian National Petroleum Company (NNPC) Ltd., to increase the volume of products being supplied to Port Harcourt, Calabar and other coastal areas to ensure a smooth distribution.
On the compensation of motorists affected by the imported off-spec petrol, he said IPMAN members were still compiling the list which would be subjected to scrutiny.
