The body, which spoke through its National Secretary, Mr. Mike Osatuyi, after the NEC meeting in Lagos, on Wednesday, said there was consistent product supply from the Nigerian National Petroleum Corporation and the Pipelines and Product Marketing Company.
IPMAN described the news as a false alarm by mischievous marketers and Nigerians.
According to Osatuyi, IPMAN controls over 85 per cent of Nigeria’s petroleum products retailing, saying it makes the body well positioned to speak authoritatively on petroleum products supply and retailing chain as well as the country’s downstream market.
The IPMAN scribe urged PPMC to sustain the current level of kerosene supply estimated at about 10 to 11 million litres of DPK daily.
He said, “We call on all relevant agencies in charge of petroleum products monitoring and policing to discharge their duties effectively. In the same vein, IPMAN urges all her members to sustain the current retailing system so as to provide quality services to Nigerians.”
Osatuyi said IPMAN NEC had confirmed that PPMC had been monitoring vessel discharge electronically, adding that electronic tracking of kerosene vessels had made round-tripping of the product impossible in the country.
He said, “Some marketers found to have diverted DPK vessels were detected through PPMC’s electronic vessel tracking system and have been sanctioned by PPMC.
“Furthermore, it should be noted that the national president of IPMAN has called on all stakeholders to determine the current national consumption of kerosene.
“This is important because kerosene is being used massively by manufacturers such as paint industries, road contractors, and artisans, among others.
Osatuyi reasoned that the increase in the nation’s population would definitely transform to more consumption of kerosene year by year.
While submitting that diversion of DPK for aviation use could not be ruled out in the country, the IPMAN scribe advised that diversion through porous Nigeria boarders should be checked by the relevant government agencies.
Information from Punch was used in this report.