Close Menu
Chronicle NG
    Trending Stories
    A devastated Ronaldo has to wait till March next year to know Portugal's fate

    Ronaldo silenced as DR Congo hold Portugal to 1-1 draw

    June 17, 2026
    Diezani Alison-Madueke arrives at Southwark Crown Court during her ongoing bribery trial in the United Kingdom.

    Diezani Alison-Madueke acquitted of all bribery charges

    June 17, 2026
    Telegram CEO Pavel Durov speaking on social media regulation and teen access restrictions

    Telegram CEO slams UK social media ban for under-16s

    June 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Ronaldo silenced as DR Congo hold Portugal to 1-1 draw
    • Diezani Alison-Madueke acquitted of all bribery charges
    • Telegram CEO slams UK social media ban for under-16s
    • N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27
    • N110.4bn fraud: Witness details payments to Kogi revenue officials
    • Customs seizes N12.8bn Cannabis Sativa, expired drugs at Apapa Port
    • US-based Nigerians to honour Americans, Akande for efforts in fighting insecurity
    • Mayweather faces imprisonment over cheque for $200,000 watch
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Wednesday, June 17
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Depot owners cause of fuel crisis, queues – IPMAN

    Chronicle EditorBy Chronicle EditorDecember 7, 2017No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Facebook Twitter WhatsApp
    FILE: IPMAN has blamed depot owners hoarding fuel for the scarcity

    The Independent Petroleum Marketers Association of Nigeria, (IPMAN), has blamed the current fuel crisis on hoarding of the commodity by some depot owners and petroleum products marketers.

    In a statement by its National Secretary Mr Danladi Pasali on Thursday in Abuja, it lamented that in spite the availability of the products in the country, some depots owners took advantage of the high demand of the commodity to create artificial scarcity in order to dupe Nigerians.

    According to the statement, Pasali, speak after a brief meeting with officials of the Nigerian National Petroleum Corporation (NNPC).

    He called on the Department of Petroleum Resources (DPR) and other regulators in the petroleum downstream sector to exercise their responsibility by increasing their supervisory role on the marketers at all levels.

    READ: Revenue for Nigerian states, FG crash by N25bn

    He reminded the NNPC of the hitches in the current distribution system which allows some depots owners to determine prices on products that belongs to NNPC.

    He further assured the NNPC of its readiness to assist in ensuring smooth distribution once the products was made available to them and at the affordable prices.

    “We are calling all our members that engaged in sharp practices to desist in doing so in the interest of the masses and country at large,” he said.

    The IPMAN officials acknowledged the efforts of NNPC GMD, Dr Maikanti Baru and the Managing Director of the Nigerian Petroleum Marketing Company, Alhaji Umar Ajiya for taking lead in restoring sanity into the system.

    He also commended The NNPC for the revival of the Kaduna and Warri refineries, stating that it would encourage smooth distribution of petroleum products in some parts of the country.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Diezani Alison-Madueke arrives at Southwark Crown Court during her ongoing bribery trial in the United Kingdom.

    Diezani Alison-Madueke acquitted of all bribery charges

    Telegram CEO Pavel Durov speaking on social media regulation and teen access restrictions

    Telegram CEO slams UK social media ban for under-16s

    N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27

    N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27

    Former Kogi State Governor Yahaya Bello during proceedings in the N110.4 billion fraud trial at the FCT High Court in Abuja.

    N110.4bn fraud: Witness details payments to Kogi revenue officials

    Customs seizes N12.8bn Cannabis Sativa, expired drugs at Apapa Port

    Customs seizes N12.8bn Cannabis Sativa, expired drugs at Apapa Port

    Laolu Akande recognised by Nigerian diaspora groups in the United States for advocacy on insecurity, human rights, and religious freedom in Nigeria.

    US-based Nigerians to honour Americans, Akande for efforts in fighting insecurity

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    A devastated Ronaldo has to wait till March next year to know Portugal's fate

    Ronaldo silenced as DR Congo hold Portugal to 1-1 draw

    June 17, 2026
    Diezani Alison-Madueke arrives at Southwark Crown Court during her ongoing bribery trial in the United Kingdom.

    Diezani Alison-Madueke acquitted of all bribery charges

    June 17, 2026
    Telegram CEO Pavel Durov speaking on social media regulation and teen access restrictions

    Telegram CEO slams UK social media ban for under-16s

    June 17, 2026
    N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27

    N5.78bn UBEC fraud: Court adjourns ex-Kwara gov Ahmed trial to July 27

    June 17, 2026
    Former Kogi State Governor Yahaya Bello during proceedings in the N110.4 billion fraud trial at the FCT High Court in Abuja.

    N110.4bn fraud: Witness details payments to Kogi revenue officials

    June 17, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.