The Independent Petroleum Marketers Association of Nigeria, Kano has alerted the Federal Government over the imminent fuel crisis in the country following the decision by some private depot owners to unilaterally raise the prices of the product.
The IPMAN chairman Kano chapter, Bashir Danmallam, stated this in a statement issued today in Kano.
He said some of the private depot owners had increased the price of the commodity from 148 naira per litre to between 153 and 155 naira per litre since Friday last week.
He said the association found it necessary to alert the government in order not to blame its members if they increase the price of the commodity as they would not operate at loss.
He also accused the private depot owners of trying to cause a fuel crisis in the country by closing the depots as the end of the year is fast approaching to maximize profit.
He said the association would not fold its arms and allow such unpatriotic private depot owners to engage in unnecessary price increase while the public is always accusing their members of flagrant increase in fuel prices.
