Independent Petroleum Marketers Association (IPMAN) has called on the Federal government to come up with palliative measures to support its members who may incur losses due to the sudden reduction in fuel pump price.
The IPMAN chairman, Kano branch Alhaji Bashir Danmalam, made the call while speaking to newsmen in Kano.
He said the union found it necessary to make the request in view of the fact that 95 per cent of its members who have old stocks of the commodity would incur a huge loss following the reduction of the fuel pump price.
According to him, the palliative measures would go a long way in reducing the loss the marketers will incur since most of them have the old stocks which were supposed to be disposed at the N145 per litre in order to recover their money.
The IPMAN chairman expressed hope that the Federal Government would come to their aid as it had promised to support private depots.