We’ve enough Petrol in Stock -NUPENG, IPMAN as NLC bemoans Hardship of Nigerians

By: Oluwatosin Adesola

The Independent Petroleum Marketers Association of Nigeria (IPMAN), and the National Union of Petroleum and Natural Gas Workers (NUPENG), have urged Nigerians to stop panicking over availability of fuel in the country as there is sufficient product to sell.

The two Associations said this in separate interviews with News Agency of Nigeria, NAN in Lagos against the backdrop of the ongoing fuel crisis in parts of the country.

IPMAN confirmed that about six vessels of imported petrol ordered by the NNPC were currently discharging the product, assuring that the corporation has sufficient products.

the National President of IPMAN, Mr Chinedu Okoronkwo, said there was no need for panicking over fuel scarcity, as virtually all the NNPC depots across the states had commence loading of petroleum product by marketers.

Meanwhile, the Nigeria Labour Congress (NLC) on Saturday called on the Federal Government to reject the call by the International Monetary Fund to remove fuel subsidy, saying such advice was synonymous with a hike in fuel price that would lead to more hardship for Nigerians.

Speaking during the inauguration of the local organising committee for the 6 th African meeting of solidarity with Cuba in Abuja , President of the NLC , Ayuba Wabba , alleged that whenever the IMF spoke on Nigeria economy, its target was to devalue the naira , increase fuel price and making Nigeria adopt free trade policy that would affect local production negatively.

Wabba described fuel subsidy as a form of corruption and payment for the inefficiency of the nation in the oil industry , saying that the solution to it was to ensure that the four refineries in Nigeria were working.

He also called for the upgrading of the refineries to serve local demand .

He noted that if properly managed , the refineries could serve the West African market and bring more income for Nigeria.

The NLC president said that Nigeria policy in the oil sector made the country dependent on oil importation.

Wabba questioned the rationale behind the nation ’ s sale of crude oil on the international market and returning to the same market to pay a high price to import fuel products instead of refining locally.

Speaking on the meeting , which comes up between September 23 and 25 , 2019 , Wabba said Cuba faced international conspiracy and deserved support because the country has a high population of people with African roots .

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