The Independent Petroleum Marketers Association of Nigeria (IPMAN), has issued a directive mandating its members to reduce petroleum pump price from N145 per litre to N140.
This was contained in a statement signed by the National President of IPMAN, Chinedu Okworonkwo which was made available to the media on Sunday.
Okworonkwo said the marketers were expected to comply with the directive from February 20 to February 25.
He said the decision followed the Saturday’s last-minute postponement of presidential and National Assembly elections by the Independent National Electoral Commission (INEC).
“IPMAN was prompted to slash N5 from the N145 per litre official Petroleum pump price in a bid to motivate Nigerians to return to vote again on Feb. 23.
“We urge all our members across Nigeria to immediately reduce the fuel pump price from N145 per litre to N140 per litre.
“This is because of the political situation that hit the country after INEC suddenly announced the postponement of presidential and National Assembly elections after Nigerians were fully prepared.
“We are all aware how Nigerians travelled to different parts of the country in order to exercise their civic duty; unfortunately, they heard a sad news of postponement of the polls,” Okworonkwo said.
He said, “This made us deem it fit to reduce the pump price in order to ease their suffering, and to also motivate them to travel again to exercise their franchise on February 23.”
He, therefore, urged his members nationwide to immediately comply with the directive to enable Nigerians to travel to exercise their civic responsibility.
The IPMAN Chairman further reiterated the association’s decision is a sequel to President Muhammadu Buhari’s concern over the election postponement.
“We decided to express our concern over the postponement, as president Buhari expressed concern over the development.
“As Buhari apologised to Nigerians to show restraint and return to polling units on Feb. 23, IPMAN also calls on the citizens to exercise patience and come out en masse to cast their votes on the rescheduled date,” he said.