The Independent Petroleum Marketers Association of Nigeria (IPMAN) has alerted the Federal Government over the decision by some unpatriotic private depot owners to raise prices of the product in order to cause fuel crisis in the country.
Kano IPMAN Chairman, Alhaji Bashir Danmallam, made the accusations in a statement issued in Kano on Friday and sent to Dandal Kura Radio International’s correspondent Ahmed Salisu Bachirawa.
The statement accused some of such private depot owners of increasing the price of the commodity from N148 per litre to between N153 and N155 per litre since last Friday.
The association found it necessary to alert the Government in order not to blame its members in the event they increase the price of the commodity as they would not sell the product at loss.
IPMAN is accusing some private Depot owners of trying to sabotage the Federal Government by unilaterally increasing their prices despite the fact that the government has not raised the fuel pump price.