The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged Nigerians not to panic over the increase in the price of premium motor spirit (PMS).

The association’s national president, Abubakar Shettima, disclosed this on Monday in Ibadan at the inauguration of the Ultra Modern Secretariat of IPMAN Western Zone.

According to him, association members would continue to serve the masses and sell the product at the lowest rate to Nigerians.

“Despite the news that has been circulating, the masses should not panic,” said Mr Shettima. “We, the independent marketers, are ready to serve them with lower rates of the petroleum products.”

While congratulating the zonal chairman, Dele Tajudeen, and the National Executive Committee of IPMAN Western Zone, Mr Shettima said they had done well for being the first to inaugurate such a project throughout Nigeria.

“I wish them success in their future endeavours,” he said.

Also, the chairman of the board of trustees of IPMAN, Aminu AbdulKadri, said the South-West has performed, urging other zones to take a cue from them.

He said, “The South-West has always been setting the pace. I hope they will continue to maintain this very best flag in the south-west.”

Earlier in his address, the zonal chairman of IPMAN Western Zone, Dele Tajudeen, said the inauguration of the IPMAN Western Zone Secretariat was a dream come true.

“When we assumed office in 2020, we inherited an association that was facing many crises, which include the depot crisis, finance and banking matters crisis, court cases, and so on.

“But today, to the glory of God, we are crisis-free in the western zone,” Mr Tajudeen said.

He noted the contributions of the regimes of past administrations and other association members for the feat achieved and for peace and progress in the zone.

Mr Tajudeen recognised and appreciated the leadership of the Petroleum Tankers Drivers of NUPENG, particularly the Western Zonal Council, citing the robust relationship between them.

(NAN)