The Independent Petroleum Marketers Association of Nigeria (IPMAN), Enugu Depot, has reacted to the report of planned increment of the price of petrol to ₦1200 to per litre.
The Chairman of IPMAN, Enugu Depot, Mr Chinedu Anyaso, in a statement in Awka, Anambra State at the weekend said their is no truth in the report and urged the public to discard the news as one of the mischievous news of social media stories.
He added that the Nigerian National Petroleum Company Limited (NNPCL), which is the sole importer of petrol, had not informed them of any plan to increase petrol price, hence the public should disregard the rumours and stop engaging in panic buying.
Anyaso further assured that contrary to certain reports, there are no plans to increase the price of petrol in the country at the moment, adding that “the panic may have arisen from a calculation of the downward trend of naira in exchange with the dollar.”
“If there is any refined product, we will know because we are the middlemen that buy and sell to end users.
“I strongly believe that the Dangote refinery with its capacity of 650, 000 barrels per day will help to bring down the price of fuel in the country. There is no need for panic buying as there is enough product being made available to marketers at different depots by the NNPCL. Let Nigerians ignore the speculations and avoid panic buying,” he said.
The IPMAN boss further expressed optimism that the expected Port Harcourt refinery and the Dangote refinery should drive down the price of petrol in the country.
