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Petrol: Desist from panic buying, IPMAN urges motorists

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Nigeria imports 4.87bn litres of petrol in Q1 – NBS

The Independent Petroleum Marketers Association of Nigeria (IPMAN), on Tuesday urged Abuja residents to desist from panic buying of fuel as there was enough products on ground.

IPMAN’s Public Relations Officer (PRO), Alhaji Suleiman Yakubu said this in a telephone interview with the News Agency of Nigeria (NAN) in Abuja.

It was reported that Yakubu was reacting to the reappearance of queues at some fueling stations in the Federal Capital Territory.

Yakubu described the panic purchase and long queues as unnecessary.

“I advise Nigerians to stop panic buying, as we have enough Premium Motor Spirit (PMS), popularly known as petrol on ground.

“We want to assure the buyers that government and marketers are doing everything possible to ensure that the products are available and avoid any impulse buying,” he said.

It was however, reported that while some retail outlets around Maitama, Wuse, Gwarimpa, Wuye and Kubwa Expressways were selling fuel some were not.

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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