By Eyo Nsima
The Ijegun-Egba Tankfarm Owners and Operators Association, weekend, pledged to sell petrol at Federal Government approved N172 per litre.

The group has facilities at Ijegun-Egba, Satelite Town, Lagos, are made up of AA Rano, JGold Nigeria, Chipet International, Emadeb Energy, First Royal Oil and MAO Petroleum amongst others.

The Chairman of Ijegun-Egba Tankfarm Owners and Operators Association, Adebowale Olujimi in a statement yesterday said with the group accounting for about 35 percent of national petroleum product distribution, they play significant role in the industry.

He said: “Having considered the current challenges in petroleum product distribution, resulting in scarcity across the Nation, with attendant impact on the national economy, business and commercial activities, Ijegun Tankfarms have resolved as follows:

“That, with the expected estimated over 127 million litres of PMS for our facilities in the month of February2023, all our members will strive to ensure that the products are loaded and trucked without delay on receipt and discharge into our facilities. This will make the product available for Nigerians.

“That our Tankfarms will continue to sell and load at the government regulated price of N172 ex-depot to all marketers; That all our members retail outlets across the Nation will continue to sell petroleum products at the government approved price; That commencing from Monday 6 February 2023 we welcome all our esteemed marketers, in line with the Protocols set by the Federal Government”.

He added: “The Protocols must be strictly complied with for transparency and accountability; that commencing from Monday 6h February 2023, we welcome all our esteemed marketers, in line with the Protocols set by the Federal Government. The Protocols must be strictly complied with for transparency and accountability; that we will work 24 hours daily to achieve the objective(s) of making petroleum products, especially PMS available to Nigerians across the Nation”.