The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that they are with Dangote as he wages a fight against the cabal.
IPMAN Publicity Secretary, Chinedu Udadike, said Dangote had promised before that he would fight the so-called cabal for the good of the masses, stressing that the association is behind him.
According to Ukadike, the fight is just the usual competition in any business, especially when a product is doing better than others in the market.
“Well, this is business. Competition abounds. There is no businessman whom people will not fight if he is doing well, especially when it is only your goods that are being produced, and the others are not being patronised because of the price. So, it is evident that every businessman wants to survive. It’s not an issue. What we can do is encourage him.
“We independent marketers are happy with him for his price slashes, although sometimes it’s against our own business strategy and projections. But that is part of the business, it is profit and loss.
“You know the factor of demand and supply matter determines the market. So, if he’s talking about how people want to sabotage him, he has told us that he’s ready to fight the oil cabals, and he is in this business to ensure that Nigerians don’t suffer. So, we encourage him not to lose hope, and we independent marketers support him in all ramifications,” Ukadike said.
Meanwhile, the National President of the Petroleum Products Retail Outlet Owners Association of Nigeria(PETROAN) Billy Gillis-Harry, has said there should be no form of discord in the downstream.
According to him, Dangote should be allowed to refine its products with the naira-for-crude deal while importers and other traders should be given a level playing field to operate.
