Skip to main content

IPMAN Begs NNPC For Petrol At Port Harcourt Depots

Independent Petroleum Marketers Association of Nigeria (IPMAN), Rivers chapter, has appealed to NNPC to ensure availability of petrol at Port Harcourt depots.

Sunny Ikpe, Chairman of the chapter, told the News Agency of Nigeria (NAN) on Thursday in Port Harcourt that the high cost of petrol in the state was due to the scarcity of the product at NNPC depots.

Ikpe said that complaints by the residents, especially commercial drivers, over high cost of petrol instead of government approved price of N87, was not the fault of marketers.

He said the scarcity of petrol at government depots in the state had forced marketers to buy the product from private depots outside the state.

The IPMAN chairman stated that it was difficult selling petrol at the official pump price of N87 after buying from a private depot.
"The truth is that a marketer who buys from a private depot must have bought at a higher price and must also make some profit in the end.
"Marketers are forced to buy from private depots because products are sometimes not available at the government depots,'' he said.
Ikpe said that the situation was not an act of mischief by the marketers or an attempt to inflict pains on the people.

"It is purely an issue of economic reality and the interplay of demand and supply; that is why the price is never steady; sales price changes in line with cost price,'' he said.

But the NNPC said there was adequate supply of petroleum products across the country.
NNPC urged marketers to desist from hoarding the product and members of the public should desist from panic buying.
NAN reports that petrol is sold between N100 and N120 in most stations in Port Harcourt and its environs.

http://www.pmnewsnigeria.com/2015/08/13/ipman-begs-nnpc-for-petrol-at-port-harcourt-depots
Post a Comment

Popular posts from this blog

U.S. Military Helicopter Crashes In Iraq On Thursday, Killing 7 People On Board

One of the U.S. military helicopter in Iraq has crashed after hitting a power line in Iraq's western Anbar province, killing all seven personnel aboard.

According to a statement from Pentagon this morning, the officials said the crash of the HH-60 Pave Hawk helicopter occurred Thursday afternoon near the town of Qaim.

"All personnel aboard were killed in the crash," Brig. Gen. Jonathan P. Braga, director of operations, Combined Joint Task Force - Operation Inherent Resolve, said in a statement.

"This tragedy reminds us of the risks our men and women face every day in service of our nations," he said. "We are thinking of the loved ones of these service members today."

The statement further said;

Wife Of Donald Trump Junior Files For Divorce

(Reuters) - The wife of Donald Trump Jr., the eldest son of U.S. President Donald Trump, has filed for divorce in New York, according to court records.

Vanessa Trump, a former model and actress, and Trump Jr. said in a joint statement on Thursday: "After 12 years of marriage, we have decided to go our separate ways."

The statement was provided by the Trump Organization, the president's business empire, which his son helps manage.


Further details were not immediately available on the uncontested divorce filing by Vanessa Trump in a New York state court. She and Trump Jr. have "enormous respect" for each other, according to the joint statement, which also asked for privacy.

Prison Officers Secretly Move Charles Okah To Borno Prisons After Life Sentence

Charles Okah, the brother of the leader of the Movement for the Emancipation of the Niger Delta (MEND), who was given a life sentence for terrorism, has been secretly moved from Kuje Prisons, Abuja, to one of the prison facilities in Borno State, THISDAY has learnt.

Worried about his seeming familiarity with the prison environment and the officers at the Kuje Prisons, the authorities of the Nigerian Prison Service (NPS) last Tuesday transferred him quietly.