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Business FG Releases Petrol to Independent Marketers


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The Federal Government has commenced the release of Premium Motor Spirit (PMS) known as petrol to Independent Petroleum Marketers Association of Nigeria (IPMAN).

This is contained in a statement issued by Mr Lawson Ngoa, the Secretary, IPMAN Reconciliation Committee, on Sunday in Abuja.

It would be recalled that the Minister of State for Petroleum Resources, Dr Ibe kachikwu, constituted a 14-man committee to resolve IPMAN crisis and to ensure end to fuel scarcity in the country.

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The statement quoted the committee secretary as saying the release of the product was part of efforts to settle the 7,000 pending loading tickets of IPMAN.

He stated that some marketers had confirmed that they started loading the products from some depots in Lagos as a result of the efforts of the Committee.



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