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IPMAN denies reducing fuel price to N140

Ukpono Ukpong, Abuja

National President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Alhaji Sanusi Sari, has denied claims that it has reduced the pump price of petroleum product (fuel) from N145 to N140 per litre as a palliative to the suffering of Nigerians as regards the postponement of recent general elections by the Independent National Electoral Commission (INEC). The President stated this in a statement signed by the Association’s National Public Relations Officer, Chief Ukadike Chinedu, and issued to Journalist on Wednesday. Alhaji Sari in the statement emphatically stressed that it has not and has no intention of taking any such decision without proper and adequate consultations with the regulatory government agencies. “IPMAN has not received any correspondence from Petroleum Product Marketing Company (PPMC), the Department of Petroleum Resources, (DPR) and the Petroleum Product Pricing Regulatory Agency (PPRA) that pump price has been reduced or is to be reduced accordingly. “Although IPMAN feels the pains of millions of Nigerians who felt disappointed and many who may end up being disenfranchised by the INEC sudden decision to reschedule the general election, we however have not reached any conclusion on pump price reduction recently and the proponents of such information want to cause artificial scarcity of petroleum product.” Alhaji Sari said. While commending the Federal Government and the NNPC for making petroleum products available all through the election period, he also wished Nigerians well in their individual and collective efforts to perform their civic responsibility of voting on Saturday, February 23, to choose their leaders, and however insisted that the information making the rounds is unfounded, null and void. Recall that on Wednesday morning, the IPMAN National Controller, Operations, Mike Osatuyi, in a radio programme “Fact File” on RayPower FM, announced the Association’s decision to sell pump price of petrol at N140 per litre from February 20th to 25th to ease the pains of Nigerians over election postponement inconveniences.

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