FG seeks enforcement of PPPRA retail pricing policy on petroleum

THE Federal Government, on Thursday, called on the leadership of the Independent Petroleum Marketers Association of Nigeria (IPMAN) to enforce the Petroleum Products Pricing Regulatory Agency (PPPRA)`s retail price band for all petroleum products across all its retail outlets.

It then solicited the support of the association towards ensuring efficient distribution of petroleum products throughout Nigeria before, during and after the ember months.

The government `s position was made known by the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, while receiving the enlarged National Executive Committee of IPMAN at the NNPC Towers, Abuja.

He implored the association to take advantage of the liberalization policy of the downstream sector by the Federal Government to import petroleum products so as to keep the country wet with petroleum products.

The GMD then admonished IPMAN to use its vast network of distribution outlets in the downstream sector across Nigeria to deliver petroleum products to the people without engaging in diversion of products.

Earlier, the IPMAN President, Chief Obasi Lawson said peace has returned to the leadership of the association, noting that it was prepared to use its various filling stations to ensure effective supply and distribution of petroleum products for the benefit of Nigerians.

On his part, IPMAN Board of Trustee Chairman, Alhaji Aminu Abdulkadir congratulated the GMD on his well-deserved appointment, stressing that the omen of his appointment brought unity to the lingering crises in the association, while further extolling his transparent virtues which he said would rub on the nation’s oil and gas industry.

He expressed the readiness of IPMAN to support the GMD and his management team to succeed in their task of ensuring seamless supply and distribution of petroleum products nationwide.