The Independent Petroleum Marketers Association of Nigeria, IPMAN, has disclosed that its members have been granted access to forex and are now able to import petroleum products.
The association’s national secretary, Alhaji Hassan Kirmi, therefore urged all members to desist from hiking the prices of PMS being sold to customers, the Vanguard reports.
He said: “So many of our members are bringing in product, which means they have accessed FOREX. But the complaint is that the FOREX is not forth coming as it were.
“There are enough products at almost all the tank farms in Lagos, Port-Harcourt and Warri. Nigerian National Petroleum Corporation, NNPC had on Friday structured the distribution chain into six geo-political zones that distribute petrol across the country and they are very effective.
“Our members are importing from Warri, Port-Harcourt, Lagos, Calabar. There is much product coming into the country, we have over 20 vessels on ground and refineries are producing.
“Also, we have presented our case to the government on the issue with the landing cost. That is why they are contemplating of bringing in subsidy.