Independent Petroleum Marketers Association of Nigeria (IPMAN) has withdrawn it’s directive to members to halt the sale of petroleum products and activities related to it.
This comes after a memo signed by Mohammed Kuluwu, chairman, IPMAN Maiduguri was circulated publicly on Tuesday issuing a directive to all marketers to suspend operations.
Abdulkadir Mustapha, the spokesperson of IPMAN in Borno state, confirmed that the action was suspended around 01:00 pm today, Tuesday, same day the strike directive was issued.
“We had a meeting and resolved it amicably we have started dispensing and in 30 minutes, we will not have queues again,” he said.
According to IPMAN, the decision to halt sales of PMS was driven by the unfavorable price of products which is making them incur losses.
“Following the critical situation as it affect our sourcing and selling of product at a loss and the action of the authority to impose the selling of product at a loss on our side,” the memo read.
In another development, the federal government said it will no longer condone attempts to exploit Nigerians and hence warned individuals or groups attempting to disrupt the supply and distribution chain of fuel in the country.