COVID-19: IPMAN appeal to FG on accessibility to bank transaction’s window


The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Elder Chinedu Okoronkwo has appealed to President Muhammadu Buhari to grant marketers the window to bank transactions for petroleum products operations.

Okoronkwo said this became urgent and necessary as members complained of inability to access banks for cash lodgement received from sales at their various filling stations, while commending  the President for the exemption granted to the petroleum products sector to operate at this time of a national partial shutdown due to COVID-19 pandemic.

This, he said, was indeed a good gesture  in ensuring the security of life and properties in the country. This was contained in a statement  made available to Daily Champion signed  by the National Operations Controller of IPMAN, Mr. Mike Osatuyi,

The statement requested the President to direct the relevant Ministry, Government agencies and the financial institutions concerned in the country to create a window for partial banking transactions  to enable stock replenishment as some customers are not 100 percent e-banking compliance.

“As we all know, the rural and some urban car owners and domestic petroleum product users deal on a cash basis and this entails cash lodgement transactions. Many commercial banks refused to open shop even for non-cash transactions which has affected stock replenishment for IPMAN members nationwide”.

“The intervention of the Federal Ministry  of Finance, the Governor of Central Bank of Nigeria (CBN) is required at this national trying period,” the statement added. Osatuyi also commended all IPMAN members nationwide for opening their stations for service despite the present health and logistic challenges in the country.

He said that  IPMAN national executives  also commended the leadership of NNPC, MOMAN, DAPPMA, NUPENG, PTD, NARTO, the Inspector General of police, the Comptroller General of Nigeria Custom for their sacrifices at this global and national trying period.

Osatuyi enjoined all IPMAN member to open for businesses and kit there staffs in the stations and the operations staff with Ipman member identity card or the filling station identity card in case of any security check on the highway.

He implored the security personnel to be civil and tolerant in their duties, while appealing to all IPMAN members  to sell petrol at the official price of between N123.50k and N125.00 per litre. “IPMAN stands with all Nigerians and the Federal Government  in this  trying period”.

“We commend the efforts of the Ministry of Health, Nigeria Centre for Disease Control (NCDC), all state governments and Federal Government and wish to reassure them of our commitment towards effective distribution of petroleum product across the nooks and cranny of the country will not be compromised. While we appeal to Nigerians to adhere to government directives and maintain regular hygienic, sanitary practices as well as social distancing “. he said.

Osatuyi commended the management of NNPC under the leadership of Mallam Mele Kyari, the Group Managing Director for assuring marketers of sufficient and prompt petroleum distribution.

UGO AMADI, Champion Newspapers