Economy

Fuel subsidy removal: IPMAN begins plans for gas-powered engines

The Chairman of Independent Petroleum Marketers Association of Nigeria, IPMAN, Edo State chapter, Comrade Douglas Iyike has disclosed that plans to convert fuel vehicles to gas engines are on top gear.

Iyike, who stated this while addressing journalists in Benin City, noted that the removal of fuel subsidy had increased the suffering of Nigerians.

He, however, commended President Bola Tinubu for taking the bold step to end fuel subsidy.

He said the IPMAN National President, Mr Chinedu Okonkwo-led Executive has introduced Compress Natural Gas (CNG) which will soon commence sales in all filling stations in Nigeria.

He advised owners of filling stations to use at least two pump stands to dispense Compress Natural Gas, while the remaining pumps should dispense fuel to customers.

“IPMAN is putting all necessary measures to cushion the effect of subsidy removal on the people.

“I use this opportunity to tell the general public to disregard the false information about pump price increase. For now, there is nothing like that,” he said.

(Daily Post)

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