The Independent Petroleum Marketers Association of Nigeria, IPMAN, Lagos State Chapter, has suspended its plan to withdraw its services and shutdown over 900 fuel stations in Lagos State and parts of Ogun State.
Chairman of IPMAN, Alanamu Balogun, supported by executive members, announced the suspension, at the end of a stormy and marathon meeting of oil marketers held at Ejigbo secretariat.
Balogun said the suspension followed a strong appeal by the NNPC who had arranged a meeting with the IPMAN officials for December 14 at Abuja NNPC headquarters.
He said IPMAN yielded to NNPC’s appeal because of members of the public who engaged in panic buying of petroleum products since the IPMAN’s announcement.
Balogun told newsmen that the meeting with NNPC officials would determine whether or not the withdraw of service would still hold.