IPMAN Commends President Buhari for checkmating corruption in petroleum sector

IPMAN Commends President Buhari for checkmating corruption in petroleum sector

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has said that President Muhammadu Buhari has checkmated the corruption in the petroleum sector. Its National Secretary, AlhajiDanladiPasali, who is also the National Coordinator, Buhari Campaign Organization, spoke while receiving members of the National Youth Council in his Abuja office.
He called for the re-election of PresidentBuhari, stressing that under the president’s watch, the country has stopped the spending of 60 per cent of its budget on corruption ridden fuel subsidy otherwise known as Petroleum Support Fund (PSF).
Explaining how Buhari has curb corruption in the petroleum sector, Pasali recalled in the past administration, an intending investor came from the US to invest three billion dollars in IPMAN refinery in Kogi, but the business mogul had a mechanical turn of mind when the then Presidency demanded a bribe to finance its campaign.
But the IPMAN national scribe noted that President Buhari has brought sanity into the country’s oil and gas sector that was characterized by sharp practices.
He said that discussions are ongoing with the Minister of Transport for the movement of cargoes of petroleum products through rails to reduce the cost of transportation of petroleum products.The IPMAN National Secretary noted that upon the accomplishment of the rail projects, it will result in the decline of prices of petroleum products.

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