BREAKING: IPMAN Identifies Reason behind Rising Gasoline Shortage Throughout Nigeria


IPMAN has recognized the key causes of the rising gas shortage throughout Nigeria.


PoliticalNews Nigeria stories that the Nationwide President of the Impartial Petroleum Entrepreneurs Affiliation of Nigeria (IPMAN), Abubakar Maigandi, has stated rainfall and dangerous roads had been accountable for the present gas shortage in some components of the nation.


This Nigeria information platform understands that Abubakar Maigandi stated this whereas talking on Come up Tv programme. He stated the gas shortage was not attributable to dispute however by some logistics encountered by tank drivers and depots as a result of rainfall and dangerous roads.

IPMAN president stated the flooding skilled in Lagos earlier week halted tankers’ motion and depot operations. This, he stated, made tanker drivers not load gas at depots in Lagos for onward motion to Abuja and a few components of the nation.



That’s the reason you might have been seeing that in Lagos there is no such thing as a queue, it’s solely in Abuja. And that one is due to the logistics challenges by way of transportation from Lagos to Abuja,” he stated.


Maigandi suggested in opposition to panic shopping for from Nigerians. He stated merchandise can be found and can be distributed throughout the nation.


He added that anytime there was reduce within the motion of gas to Abuja or any a part of Nigeria there can be shortage due to variety of consumption.


The lots mustn’t panic in shopping for as a result of typically if there may be any small distance, you will note individuals will begin panicking. So really there may be product. What I imply by logistics downside right here is that after we purchase the merchandise, we now have to move them from Lagos and it’s by street.


“So each time there’s a small cut-off, regardless of how small it’s, like in Abuja right here, they have to be affected as a result of the consumption is so excessive,” he stated on Come up TV.


Addressing the rise in worth in some filling stations by members of IPMAN, Maigandi stated unbiased entrepreneurs now buy gas at the next price from depot house owners.


He disclosed that entrepreneurs purchase gas at ₦715 per liter. He stated entrepreneurs must add transport price and revenue margin earlier than promoting to Nigerians.


Maigandi defined, “If these depot house owners hike the worth, we too, unbiased petroleum entrepreneurs, don’t have any selection as a result of we usually get virtually 70 p.c of the product via them. So, we now have so as to add a margin to see that we will be capable of get a small revenue.


“Just like the personal depot house owners presently, they’re promoting this product on the price of N715 in Lagos. So we entrepreneurs, after they purchase this product on the price of N715, we now have so as to add our transportation price. By the point you add the transportation price, then it’s important to put a small margin and promote your product.”

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