IPMAN partners with NIMEX on fuel imports

petrol station Nigeria NIMEX IPMANThe partnership between NIMEX and IPMAN will aim to increase petrol supplies across Nigeria. (Image source: drbelloim)NIMEX Petroleum Group has entered into strategic partnership with the Independent Petroleum Marketers Association of Nigeria (IPMAN) for the effective importation of petroleum products

Following the signing of a Memorandum of Understanding (MoU) between the two entities, IPMAN national president Obasi Lawson said that the product to be imported by NIMEX will be distributed to marketers across Nigeria in an attempt to enhance the supply received from Nigerian National Petroleum Corporation (NNPC) and other sources.

Lawson said that the product would help to make petrol available more readily available in the country after admitting that that the amount of petrol received from NNPC was insufficient for its members.

“It is in recognition of the global reach of NIMEX, that IPMAN has decided to partner with it in order for it to bring its huge experience to support IPMAN in capacity building in the strategic area of satisfying the growing needs of its members for availability of petroleum products,” Lawson remarked. 

The MoU will also attempt to complement efforts by the Nigerian federal government to drive deregulation to improve the supply chain of petroleum product in the country.

IPMAN’s membership totals more than 10,000 marketers across Nigeria and the association has grown to control more than 87 per cent of the petroleum products retail outlets in Nigeria. 

“This spread by IPMAN members in the establishment of retail outlets across the country necessarily requires a steady supply of petroleum products in order for its positive effect to be felt both by government and Nigerians,” said Lawson.

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