Business
IPMAN Tasks Members On Productivity
The newly appointed Na
tional President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Chinedu Okoronkwo, has in Lagos appealed to members to be more proactive toward developing a viable petroleum sector.
Okoronkwo said that members needed to be more focused in moving the downstream sector forward, rather than picking up quarrels among themselves.
He urged members to give a serious thought to the development of a sustainable model for fuel distribution chain in the country, and urged government to also develop modern fuel haulage via the railways.
The IPMAN boss also called on its members to shun corruption in the distribution of petroleum products across Nigeria.
He also assured IPMAN members of his readiness to fight and stop the incessant harassment and victimisation of its members in some of its units. He said that a monitoring team would be inaugurated to ensure conformity in all IPMAN outlets nationwide.
The IPMAN boss said that the association had ventured into gas utilisation, noting that most Nigerians had switched from the use of kerosene to gas.
He said that IPMAN would continue to work with PPMC in all the 21 fuel depots across the country, in ensuring seamless product supply to every nook and cranny of Nigeria.
Okonkwo said that IPMAN controlled over 85 per cent of Nigeria’s petroleum product retailing— a development he said made the association a dominant player in the Nigeria downstream market.
He described the unveiling of the Nigerian Content Act, recently signed into law by President Goodluck Jonathan, as a major necessity for building indigenous capacity for the long-term survival of the oil and gas industry.
According to him, the Nigerian Content Act is another achievement that showed the depth of patriotism in the Minister of Petroleum, Mrs Diezani Allison-Madueke.
He said that the maximum of four years set for all international oil and gas operators to Nigerianise all expatriate positions would further create opportunities for indigenous participation in the development of the nation’s oil and gas industry.
“When one looks at these achievements by the Minister, one cannot but commend President Goodluck Jonathan for his wisdom in appointing Mrs Alison-Madueke to the position at this time in our nation’s history.
“Nigerians require leaders with a clear idea of what is required to attract real development to the society.”
He, however, condemned the activities of pipeline vandals and crude oil thieves.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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