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Oriental News Nigeria
Home»Energy»Oil & Gas»IPMAN Demands Accessibility To Bank Transaction’s 
Oil & Gas

IPMAN Demands Accessibility To Bank Transaction’s 

By orientalnewsngApril 8, 2020No Comments3 Mins Read
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Yemisi Izuora

The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Elder Chinedu Okoronkwo  has appealed to President Muhammadu Buhari to grant marketers the window to bank transaction for petroleum products operations.

Okoronkwo said this became urgent and necessary as members are complaining of inability to access banks for cash lodgment received from sales at their various filing stations.

He however commended  the President for the exemption granted petroleum products sector to operate at this time of a national partial shutdown due to COVID-19 pandemic.

This, he said was indeed a good gesture  in ensuring the security of life and properties in the country.

This was contained in a statement  signed  by the National Operations Controller of IPMAN, Mr Mike Osatuyi, on Tuesday 7th April 2020 .

The statement requested the President to direct the relevant Ministry, Government agencies and the financial institutions concerned in the country to creat a window for partial banking transactions  to enable stock replenishment as some customers are not 100 per cent e-banking compliance.

“As we all know, the rural and some urban car owners and domestic petroleum product users deal on cash basis and this entails cash lodgement transactions.

“Many commercial banks refused to open shop even for non cash transactions which has affected stock replenishment for IPMAN members nationwide.

“The intervention of the Federal Ministry  of Finance, the Governor of Central Bank of Nigeria (CBN) is required at this national trying period,” the statement added.

Osatuyi also commended all IPMAN members nationwide for opening there stations for service despite the present health and logistic challenges in the country.

He said that  IPMAN natinal executives  also commended the leadership of NNPC,MOMAN, DAPPMA,NUPENG, PTD, NARTO, the Inspector General of police ,the Comptroller General of Nigeria Custom for their sacrifices at this global and national trying period.

Osatuyi enjoined all IPMAN member to open for bussineses and kit there staffs in the stations and the operations staff with Ipman member identity card or the filling station identity  card in case of any security check on the highway.

He implored the security personnel to be civil and tolerance in their  duties, while appealing to all IPMAN members  to sell petrol at official price of between N123.50k and N125.00 per litre.

“IPMAN also stand with all Nigerians and the Federal Government  in this  trying period.

“We commend the efforts of the Ministry of Health, Nigeria Centre for Disease Control (NCDC), all state governments and Federal Government and wish to reassure them of our commitment towards effective distribution of petroleum product across the nooks and cranny of the country will not be compromised.

” We appeal to Nigerians to adhered to government directives and maintain regular hygienic, sanitary practices as well as social distancing “. he said.

Osatuyi commended the management of NNPC under the leadership of Mallam Mele Kyari, the Group Managing Director for assuring marketers of sufficient and prompt petroleum distribution.

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