The Southwest branch of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to withdraw services, following the introduction of Bulk Purchase Agreement (BPA) fee by the Nigerian National Petroleum Corporation (NNPC).
If the marketers make good their threat, it will spark another round of petrol scarcity in the region.
The association yesterday lamented the introduction of BPA, noting that petroleum marketers were usually exempted from payment of such fees.
It warned that the introduction of a five-year BPA fee by NNPC may set it on a collision course with its members.
The Chairman, IPMAN Ibadan Depot, Raheem Tayo, confirmed the development to Osun Defender , adding that the NNPC’s decision was unacceptable.
Source: The Nation
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