Fuel Scarcity: IPMAN Explains Why Fuel Queues Returned To Lagos

The Independent Petroleum Marketers’ Association of Nigeria (IPMAN) has disclosed why there is fuel scarcity leading to queues in Lagos state.

Speaking to Daily Trust, Chairman of IPMAN Lagos Depot, Akinrinade Akinade said many IPMAN members were not buying the products because private depots have jerked up the retail price.

Akinade who revealed that the association had informed the appropriate authorities on the development, added that the situation might get worse if the authorities fail to intervene immediately.

He said;

“For some days now, the private depots have jerked up their ex-depot price and it will be difficult for our members to sell at the price they are selling to us and that is what accounts for the flash queues you are seeing now.

“We have contacted the authority. Since last Monday, the private depots just jacked up their price. If you buy at the rate they are selling now, you won’t make any profit.”



Stay Connected , follow us on: Facebook: @creebhillsdotcom, Twitter: @creebhillsblog, Instagram: @creebhills, Pinterest: @creebhills Telegram: creebhills

To place an advert/sponsored post on our site, contact us via [email protected]

Previous article‘I’ve moved on, respect me and do same” – BBNaija’s Groovy writes to Beauty and Phyna’s fans
Next articleKunle Afod’s wife makes U-turn on marriage crash hours after announcing separation (Video)
Blogging Enthusiast.