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IPMAN to Nigerians: Stop panic buying

IPMAN describes reduction in price of premium motor spirit also known as petrol by Dangote Petroleum Refinery as the beauty of deregulation.
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned motorists against panic buying, assuring that there is enough fuel in reserve.

IPMAN warned Nigerians to stop panic buyiong of fuel

By Nana Musa

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned motorists against panic buying, assuring that there is enough fuel in reserve.

Alhaji Suleiman Yakubu, IPMAN National Public Relations Officer said that the long queues in some parts of Abuja and other places were due to panic buying.

Yakubu, on Monday in Abuja, said that “there is no fuel scarcity, there is enough on ground.”

“People should not fear and do panic buying as there is enough fuel in reserve.”

Mr Ezeh Obi, a taxi driver said that some petrol stations were not selling fuel, which might have resulted to panic buying and the long queues in Abuja.

He urged petroleum products regulators to ensure that all fuel stations with stock were selling.

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