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Stop panic buying – IPMAN

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IPMAN directs members to reduce fuel pump price over election postponement

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned motorists against panic buying, assuring that there is enough fuel on ground.

Alhaji Suleiman Yakubu, IPMAN National Public Relations Officer said that the long queues in some parts of Abuja were due to panic buying.

Yakubu told our reporter on Monday in Abuja that “there is no fuel scarcity, there is enough on ground.”

“People should not fear and do panic buying as there is enough fuel in reserve.”

Mr Ezeh Obi, a taxi driver said that some petrol stations were not selling fuel, which might have resulted to panic buying and the long queues in Abuja.

He urged petroleum products regulators to ensure that all fuel stations with stock were selling.

It was reported that some filling stations in Abuja were seen with long queues as motorists were trying to buy petrol.

Nana Musa

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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