Monday, November 30, 2015

HOW TO END FUEL SCARCITY

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Sunday, November 29, came up with ways Buhari-led government can solve the problem of fuel scarcity in the country.

PMAN maintained the best way to end scarcity is for government to decentralise loading of petroleum products for effective loading at depots across the country.


Lawson Obasi, IPMAN national president reiterated that the scarcity will linger until the federal government sees the need to distribute petroleum products to other coastal depots.

Obasi said the distribution of petroleum products to only tank farms in Lagos was partly responsible for current scarcity and high cost of product.


 “The current government approach, where marketers across the country are expected to load petroleum products from only depots in Lagos state, is counter-productive.

 “To solve current scarcity of fuel; government must decongest Lagos by sending petroleum products to coastal depots in Port Harcourt, Calabar and Warri.

 “By decentralising supply and distribution from Lagos to other depots; it would become easier for IPMAN members to lift products and distribute to filling stations,” he said.

Obasi added it is imperative to review the current policy by government to enable marketers have unlimited access to petroleum products for distribution to final consumers.

There are  also reports that some marketers hoarded products to make more profit and as a result heightened the fuel scarcity. But Obasi denied the allegation. 

However, Obasi suggested that Pipelines Products Marketing Company should, as a matter of urgency, commence distribution of products to other depots in the South-South to end current fuel scarcity.

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