Poll shift: IPMAN denies pump price reduction

OBIORA IFOH, Abuja

The Independent Petroleum Marketers Association of Nigeria, IPMAN said that there is no truth in the claims that it has reduced pump price of petrol to 140 from 145 naira to ease the pains of nigerians over election postponement inconveniences.

IPMAN’s National Controller, Operations, Mike Osatuyi had on wednesday in a radio programme said that the group has taken a decision to sell pump price at N140 from february 20 to 25.

But in a counter statement, IPMAN National president, Alhaji Sanusi Sari said it has not and has no intention of taking any such decision without proper and adequate consultations with the regulatory government agencies .

He said, “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 that the proponents of such information want to cause artificial scarcity of petroleum product.

“We commend the federal government and the NNPC for making petroleum products available all through the election period. We wish Nigerians well in their individual and collective efforts to perform their civic responsibility of voting on saturday february, 23 in choosing their leaders, and however Insists the information making around is unfounded, null and void.”

For a better society