IPMAN suspends strike as NNPC warns against panic buying
The leadership of the Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday announced the suspension of a scheduled nationwide strike following a meeting with the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru in Abuja.
This came as long fuel queues resurfaced at major petrol filling stations in the central part of Abuja on Monday.
The chairman of IPMAN in the Western zone, comprising, Lagos/satellite, Mosimi, Ibadan, Ilorin and Ore, Alhaji Debo Ahmed, had threatened that the scarcity of petroleum products was also imminent in parts of the South West of the country over non-functional situation of five depots supposed to serve the area.
But NNPC spokesman Mr. Ndu Ughamadu said, however, normalcy will soon return to the stations following the suspension of the strike by IPMAN and that there was enough fuel.
Chairman of the IPMAN Committee on FOREX Intervention, Products Sourcing and Distribution, Alhaji Musa Felande, said the meeting with the GMD where peace was brokered also addressed all the pending issues concerning the Association.
Alhaji Felande said the meeting put to rest earlier grievances on issues relating to products supply, equalization fund, access to forex and pricing of products which are of interest to IPMAN.