Business
IPMAN Lauds PPPRA’s Planned Sanctions On Erring Marketers
The Independent Petro
leum Marketers Association of Nigeria (IPMAN) has lauded the Petroleum Products Pricing Regulatory Agency (PPPRA) for threatening to sanction marketers selling above the official pump price.
The National President of the association, Alhaji Aminu Abdulkadri, gave the commendation while speaking with newsmen in Lagos recently.
Abdulkadri said that the leadership of IPMAN would join other agencies in fighting any marketers selling petrol above the official price of N 97.00 per litre.
He said IPMAN had set up a nationwide monitoring team that would clamp down on filling stations that were found selling above the official pump price.
The association president said that IPMAN had been at the vanguard of ensuring that the product, meant for the local people, was sold at the approved price.
“My members are always upright, but that does not mean we don’t have bad eggs among us.
“We are trying our best to ensure total compliance by our members, we support the pronouncement and decision of PPPRA to sanction erring marketers,’’ he said.
The Tide reports that the management of PPPRA, on Feb. 26, 2014, warned marketers not to sell petrol above the official pump price of N97.00 per litre.
The PPPRA Executive Secretary, Mr Farouk Ahmed, said that some marketers were already hoarding fuel in anticipation of any announcement of an increment in the pump price.
The agency, he said, had not increased the price of petrol nor had any intention to do so.
“PPPRA hereby directs all marketers to release for sale the products in their tanks and depot at the officially approved pump price.
“To ensure compliance, DPR and PPPRA will work to monitor the situation at retail outlets and will not hesitate to shut down any station hoarding products or selling above the official pump price.”
The PPRA boss advised Nigerians to shun panic buying, adding that the agency had sufficient stock of the product.
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Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
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