Light appears to be visible towards the end of the tunnel as the Independent Petroleum Marketers Association of Nigeria has said that the association has commenced discussions with its foreign partners to refine crude oil abroad and import Premium Motor Sprit (petrol) and Kerosene into the country.
It added that it has no intention to claim any subsidy payment from the Federal Government through the method.
IPMAN National Secretary Danladi Pasali, who spoke to reporters in Abuja, explained that if the Federal Government approve the intervention, it would be a temporal relief arrangement pending the improvement of the capacity of the Nigerian National Petroleum Corporation’s (NNPC’s) refineries and the construction of greenfield refining entities.
According to him, “this initiative was developed by the association’s new executives to assist the present administration to reduce cost in subsidy payment at the same time meet products’ demand. We urged the present administration to support IPMAN in mobilising our foreign partners in importing petroleum products at no cost or without subsidies payment to government
According to Pasali, with Government cooperation, IPMAN will arrest and put a final stop to persistent fuel scarcity all over the nation.