Petrol May Cost More In South-East —IPMAN

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The Independent Petroleum Marketers Association of Nigeria, Enugu depot, has warned that petrol may cost more in the South-East.

It said this is because the Federal Government failed to reactivate the Emene depot.

The Chairman of Enugu depot of the association, Mr Chinedu Anyaso, disclosed this in an interview with newsmen in Awka on Friday.

Anyaso said that petrol might be sold for N170 in the South-East because of the cost of delivering the products at the stations in the zone.

Anyaso said that the depot had been lying moribund since 2005.

He was reacting to the increase in the pump price of petrol and the challenges faced by marketers in the zone.

He said the depot was strategic to the national economy, adding that it was serving Anambra, Ebonyi, Enugu, parts of Imo, Abia, Cross River and North-Central, including Benue State.

The IPMAN chief described the cost of transporting products from Lagos, Warri, Benin, Calabar and other locations as huge.

According to him, marketers do not get their equalisation fund as and when due.

He said that marketers in the zone were incurring huge losses due to incessant road crashes and spill involving their trucks as a result of the poor state of the roads.

“We want to use this opportunity to renew our appeal to the federal government to repair the Emene depot in Enugu so that our members can start loading products from here".