Marketers Give Conditions to Slash Cost of Fuel as Scarcity Heightens [Video]

• The petroleum marketers are requesting that the NNPC increase fuel allocation to its members
• This is amid the fuel shortage across the country, which has caused petrol prices to increase
• He claims that IPMAN members purchase fuel from third parties at exorbitant prices and sell at a higher price

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

In an attempt to lower costs and wait times at filling stations, the Nigerian National Petroleum Company (NNPC) Limited is being asked for 50% petroleum allocation to the Independent Petroleum Marketers Association of Nigeria (IPMAN).

In an interview with NAN on Friday, The Cable reported that IPMAN national vice-president Hammed Fasola stated that insufficient allocation caused the fuel shortage.

Fasola noted that if IPMAN members obtained their petrol directly from …