RESOLUTION PASSED BY IPMAN

RESOLUTION PASSED BY IPMAN

The Independent Petroleum Marketers Association of Nigeria, IPMAN National Working Commitee held on the 12th and 13 of February where wide ranging issues were discussed and a resolution passed to that effect 

Resolution  of the meeting of the ipman central working committee (cwc) held at the porto golf hotels, kano state on the 12th and 13th February, 2021

Following two days of exhaustive deliberations  the Board of Trustees (BOT) and the Central Working Committee (CWC) on critical issues relating to the operation of the  Independent Petroleum Marketers Association of Nigeria (IPMAN) in the downstreams sector and its collaboration with Stakeholders, the following were agreed to an adopted.

IPMAN has commended the Directors of DRP, NNPC and PEF  espectively  for sending senior officers to represent them at our Central Working Committee meeting held in Kano.

IPMAN is in full support of the proposed full deregulation of the downstream sector of the Nigeria economy. However, necessary palliatives should be put in place to alleviate the impact on the populace as reformed by the PEF. 

3A. IPMAN supports the Federal Government’s policy on the National Gas Expansion Programmes (NGEP) which will deepen the use of both liquefied Petroleum Gas (LPG) and Auto Gas Compressed Natural Gas (CNG)

3B. IPMAN is in support of the quick passage of the Petroleum Industry Bill (PIB) by the National Assembly with the inclusion of IPMAN representatives on the Board of all relevant  Agencies to protect the interest of members and the public as it is today on the board of PPPRA.

  1. IPMAN resolved unequivocally to support the Petroleum Equalization Fund Management Board (PEFMB) efforts to collaborate with our members in funding the Gas Expansion Programme. Also, the PIB must enhance the capacity of the PETMB as acclaimed fund Managers of the Industry to implement the proposed Gas Expansion 

Programmes to ensure affordability and availability of products. The IPMAN will not compromise on the existence of the PEFMB because of its importance to the economic development of the country in matters of price stability.

  1. IPMAN appreciates the readiness of the Nigeria National Petroleum Corporation(NNPC) to supply Gas to IPMAN members directly and continuous supply of petroleum products using the latest technology and ensuring best practices in its operations.
  2. IPMAN is in total support of the Department of Petroleum Resources (DRP) as it relates to be Downstream 

Remote Monitoring System (DRMS) especially as it recognized Nigeria Legal Diversion of Petroleum Product (NLDPP) within licensed IPMAN members and stop all Illegal Diversions.

  1. DRP is requested to support IPMAN with Marginal Oil Field/DSDP directly to enable her construct modular Refineries.
  2. The CWC is composed of the National Executive Committee, Zonal  and Depot Chairmen/Secretaries of IPMAN from all Depots in Nigeria.

National President: Elder Chinedu Okoronkwo

National Secretary: Alh. Danladi 

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