IPMAN Caretaker Committee Chairman, Comrade Robert Obi made this known during an interactive session with the Management of the Department of Petroleum Resources in Calabar, Cross River State capital.
“Unfortunately, the government went ahead and increased the price without considering what benefit that would accrue to the marketers who invested their money. It is, therefore, a sad development that our members are being deprived of benefiting from the equalization fund even when their counterparts from neighbouring state enjoy such privilege.
He called on the leadership of Department of Petroleum Resources DPR to intervene and find a lasting solution to the discrepancies in equalization funds. “The margin we are using today is the old one used when the product was sold for N85 to N87 per litre. And we are left with a margin of N9. it is high time their members started benefiting from this transportation arrangement meant to assist marketers.
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