Musbau Babatunde
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Friday threatened to boycott private depots that sell above approved price.
A statement signed by Kano chairman of IPMAN,Alhaji Bashir Dan Malam , also vowed to sanctioned any marketers that sell the products above the approved pump price
He also expressed the need for both private depot owners and marketers to sell the product at the controlled price because they don’t pay extra money to the NNPCL before getting the allocation.
He cautioned marketers to be careful with some individuals who are in the habit of using their registered filling stations to acquire allocations from the Nigeria National Petroleum Company limited (NNPCL) illegally.
He said the advise became imperative following persistent complaints from the NNPCL management that some individuals who have no business with petroleum products are in the habit of collecting fuel allocations from the company illegally by presenting names of some registered filling stations.
He explained that the decision to issue the warning was taken during a meeting between the management of the NNPCL and leadership of IPMAN.
According to him, the company had threatened to revoke the bulk purchase license of any marketer found allowing such individuals to use his registered filling station to get allocation and later resell the products to others.
He warned those who engaged in the illegal act to desist from doing so as anyone caught will be reported to security agents for appropriate action.
He noted that the management of the NNPCL and IPMAN leadership would not fold their arms and allow such illegal acts to continue at the detriment of the genuine fuel marketers in the country.
