IPMAN Backs Buhari On Deregulation Plans

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has heaped challenges associated with effective fuel distribution on its leadership crisis, just as it recommended that President Muhammadu Buhari should take the bull by the horn and deregulate the petroleum industry.

Lawson Obasi

Lawson Obasi

IPMAN’s factional President, Lawson Obasi, who gave the advice in Abuja, on Monday, said prospects for deregulation was enormous for the country but that the process must be taken gradually, so as not to inflict too much suffering on the people.

“The leadership crisis within the IPMAN is partly responsible for the fuel crisis being experienced in the country and we take full responsibility for that.

“IPMAN strongly believe in deregulation of the downstream sector of the petroleum industry by President Muhammadu Buhari but it must be done gradually so that the masses will not feel the impact. It will definitely enhance the sector and make meaning of our multi-million dollars projects scattered all over the country,” senior aide to the IPMAN President, Ukadike Chinedu told Daily Independent in an interview.

The group also noted that Buhari should take holistic review of existing refineries in the country, address challenges posed by vandalism as well as examine the contributions of IPMAN in arriving at his decision to deregulate the sector.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s