 The Minister of State for Petroleum, Timmy Price-Silver, has announced that there will be a major investigation to unravel the cause of the methanol and petrol imported into the country. He disclosed this on Wednesday during a media briefing after the Federal Executive Council meeting in the State House. Although the minister refused to disclose the identities of the companies involved, he said there will be made known after the investigations are concluded. Joining us now at this hour is Chinadu Okadike, PPR-O, Ipman. Hello, Mr. Okadike. Hello. Good evening. Good evening, Nigeria. Good evening. And for those who are in doubt, Independent Petroleum Marketers Association of Nigeria is what Ipman stands for. Now, first of all, bring us to speed. Bring us to speed as to the situation right now regarding this bad fuel situation. To be sincere and honest, I watched the news commentary and reaction of some of the commuters blaming Independent Marketers for this misfortune. It is very, very unfortunate that this kind of a thing will happen in this country. I also want to also let you know the position of Independent Marketers as far as the discussion is concerned. We normally take our Petroleum products from the inland vehicles and the videos of NMPs. And NMPs is a major supplier of PMS in this country. So we don't have any justification to hold Petroleum products. Once the product is there, we are service-oriented. It is only business in Nigeria that governments have regulated and are over-over-seen. So in terms of bringing in Petroleum products, they have the DPI that do the P&Q inspection of cargoes. And by this product, as innocent buyers, and what we see in our finish session is this kind of a kiosk. Okay. So you buy from the NNPC. Are you saying that the NNPC should be held responsible for this? Because the first question one asks is, how did this get into the country? How did it come in? Well, it is very, very clear, this is very clear that the MD of NNPC as one of Mr. Farooz, as one of that the product that was found in some of our communication and some various things found is imported by NNPC. And also the minister recently have also said that they are going to investigate to know how those products are done. So the NNPC is the major importer of Petroleum products because of the subsidy. So it is not very well-dependent market as rules relatively constitute 90% of the value chain in terms of distribution of Petroleum products in the rules and planning of this country. We are not supposed to hold responsibility. And we are profit oriented. We want to do our business, we want to serve and make profit because we invested heavily to build some of this kind of station. So the issue is clear, the issue is clear and NNPC have already taken up direct responsibility and federal government have also moved into investigate via the minister to know how did they manage to come into this country. It is not the first time this kind of business has happened. There was a time also ethanol was brought into this country and they were able to, within a software, they put it back to the tank and blend it with the normal PMO. So it is not the responsibility of independent marketer. So they would not have the product come. We buy our products genuinely from private tanks and components. Okay, indeed Farooq Ahmed, the president has ordered a Hebe queried. So that's one. And also he has come out today to let us know that 300 million liters of petrol meant to close the gap created by the contaminated petrol withdrawn from depots have been brought into the country. There is still panic buying. When do we see a change? And now that we have this coming in. This is a circulation system and everybody wants to be on the move. All commuters want to be on the move. Nobody wants to be halted one way. So once there is a trick of a little bit of a little problem in terms of trying to close the gap and that is why NNPC have gone for that to ensure that they are bringing three more vessels to be able to flood the market with the petrol in front of them. So within this period of time, it's definitely people who do panic buying. And that panic buying will bring in some ghost cues here and there. And it's not going to last less than one with the others and it will be taken care of. And since Nigeria has been reassured that there could be enough sufficient fuel for users. They will relax. So it is not going to depend on the market. We are ready to sell for eight hours. If provided security will suffer, we will sell for eight hours. We have business or interest. And this is the only business government that makes this profit. Everyone will have a big profit. We are still in business while we are not the time. Well, there is the issue. Before we go, the issue of damaged vehicles, damaged generators and all of that as a result of this bad fear. Who is going to compensate Nigerians who have been affected? And I'm sure you, the market, are also looking for some sort of compensation. Tell us how this is going to work out and how you should play out. Well, we are the last people that are here. Because we are the last chains of this distribution in this land. And the special managers that the police normally come to arrest on a verbal examination and all the rest of them. But I also know that the National President of Ipman, Al-A'jib, is on top of this matter to see how the name of this business and the federal government will get the price of this vehicle that this thing has made. This product has gone far. It has slipped into the Nigerian market. And there is nothing we can do about it. And to see how we can be able to converse those philistations because a monitoring team has been set up by Ipman to be able to ascertain the philistations that are being affected and to make proper arrangements of this type to be able to evaporate the safety checks and all the rest of them. Because PMX is a very high-quality product. That's the list of philistations. We also have a series of demo brands. Most of our philistations have been a shop that they have a very good brand and they are able to self-appropriate petroleum products to their customers. Now some of these philistations are not suffering due to hardship because they will not have confidence in their customers and they will lose their customers. So I also appeal those of the National President have gone today to ensure that the federal government will have the security within the name of Al-A'jib. So they will be able to find out those places that these philistations have been left out of the use and the vehicles that have been done will be able to see how these vehicles can be repaired. So that these petroleum products will not be at a loss. Now I also appeal to you that most of these products are sold for a fund. Some of them have 6,000 liters. Some of them have 7,000 liters. Nobody is talking about how we will be refunded. So at least one government should come and sit and we will be able to come and enter that. So we will be able to buy fresh produce from the market. So I don't think it will be at a loss. And they will lose their customers. And also they will not lose their customers. Thank you so much Mr. Chinadu, Uqadike, PPR or IPMAN for your time and insight.