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Tuesday, June 18, 2024

Acute fuel scarcity looms as Petrol marketers begin nationwide shutdown

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The Independent Petroleum Marketers Association of Nigeria, IPMAN, has shut down operations nationwide.

A statement signed by IPMAN Chairman, Mohammed Kuluwu on Tuesday gave the order for an immediate shutdown.

He blamed the situation on “the critical situation as it affects our sourcing and selling of product at a loss and the action of the government to impose the selling fuel product at a loss on our side.”

Nigeria is currently in an economic crisis following the persistent fuel scarcity and shortage of the redesigned Naira notes.

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