shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » IPMAN Canvasses 15-year Phased Deregulation

IPMAN Canvasses 15-year Phased Deregulation

by Joshua
November 1, 2009
in Uncategorized

*Threatens to close its stations, if…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) is canvassing a phased deregulation of the nation’s downstream oil and gas sector over a15 –year period.
The association’s position was made known through its public relations officer Dr Leo Kamene at a recent meeting of its unit in Aba, Abia state where he also disclosed that the position of the association had already been forwarded to the presidency.
Arguing that government “IPMAN is not fighting the administration and neither is it against the policy, but we believe that the right things must be done,” he said that IPMAN does not have total disdain for deregulation, but prefers that there should be guided deregulation.
According to him, the association is canvassing for a 15-year guided deregulation because of it’s believe that within those years, the federal government would have revived the moribund refineries, depots and other infrastructure across the country.
IPMAN, he stressed, is convinced that government was ill-advised on the policy of deregulation, adding that it was crated by those who want to put its members out of business. The PRO however disclosed that IPMAN had resolved to shut down all its stations in the country should federal government rebuff its advice on guided deregulation.
According to the IPMAN spokesperson, if the government went ahead with its propose full deregulation policy, while it still relies on importation which is denominated in foreign currency, the end result is astronomical price hike and a resultant adverse economic effect on the citizenry.

 


Related Posts

Auto Draft

Railways Transport 693,224 Passengers On Lagos/Ibadan Standard Gauge

February 2, 2023
SHIPTALK: Basics About A Ship

SHIPTALK: Basics About A Ship

January 27, 2023
NAGAFF Congratulates Newly Promoted Comptrollers, Charges Them On Professionalism

NAGAFF Congratulates Newly Promoted Comptrollers, Charges Them On Professionalism

January 27, 2023
ONE To Acquire Three U.S. West Coast Container Terminals

ONE To Acquire Three U.S. West Coast Container Terminals

December 29, 2022

Discussion about this post

Latest News

NAGAFF Compliance Team Appoints Head Of Operations, Vows To Expose Corrupt Practitioners, Govt Officials

NAGAFF Compliance Team Appoints Head Of Operations, Vows To Expose Corrupt Practitioners, Govt Officials

February 7, 2023

Why We Postponed ANLCA Annual General Meeting—Farinto

NIMASA Lies As Navy Confirms Death Of 6 During Tank Cleaning Operation

TRUCK ACCIDENTS: FRSC, Stakeholders Partner To Sensitise Truck Drivers On Safety Standards

Kenya’s Nancy Karigithu Could Be the Next IMO Secretary General

We Are Waiting For Dangote Refinery Before Removing Subsidy – Reps

FG Unveils New Regulations To Curb Oil Theft

FUEL SCARCITY: IPMAN Pleads For Time To Comply With Official Pump Price

“After Our Tenure, Government Hijacked CRFFN”

VESSELS EXPECTED AT LAGOS PORTS AS AT 7TH FEBRUARY, 2023

VESSELS EXPECTED AT LAGOS PORTS AS AT 6TH FEBRUARY, 2023.

Council For The Regulation Of Freight Forwarding In Nigeria In The News Again

kindly like our Facebook page

Health

Unhealthy Environment Causes 12.6m Deaths Worldwide, WHO Says
Health

Unhealthy Environment Causes 12.6m Deaths Worldwide, WHO Says

December 19, 2022

The World Health Organisation has said that the number of people estimated to have died as a result of living...

Health Benefits And Side Effects Of Bitter Leaf

Health Benefits And Side Effects Of Bitter Leaf

December 12, 2022
More Women May Die During Childbirth In West Africa — Report

More Women May Die During Childbirth In West Africa — Report

December 12, 2022
The Many Wonderful Uses Of Onions

The Many Wonderful Uses Of Onions

December 5, 2022
Nigeria Yet To Achieve 70% COVID-19 Immunisation Coverage, Says NPHCDA

Nigeria Yet To Achieve 70% COVID-19 Immunisation Coverage, Says NPHCDA

December 5, 2022
COVID-19 Cases Increasing, Continue With Preventive Measures — UITH-ARD Warns

COVID-19 Cases Increasing, Continue With Preventive Measures — UITH-ARD Warns

December 5, 2022
Panic As Monkeypox Spreads To 32 States, Cases Now 604

Panic As Monkeypox Spreads To 32 States, Cases Now 604

November 28, 2022
Over 1bn Youths Risk Hearing Loss From Headphones, Loud Music — Study

Over 1bn Youths Risk Hearing Loss From Headphones, Loud Music — Study

November 28, 2022
Consuming Undercooked Meat May Lead To Tuberculosis — Epidemiologist

Consuming Undercooked Meat May Lead To Tuberculosis — Epidemiologist

November 28, 2022
Infertility Red Flags Men, Women Should Not Ignore – Experts

Infertility Red Flags Men, Women Should Not Ignore – Experts

November 28, 2022

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition