Close Menu
Chronicle NG
    Trending Stories
    Mock-up of a proposed $250 US bill featuring President Donald Trump to commemorate America's 250th anniversary.

    Trump $250 bill proposal advances as treasury weighs commemorative note

    May 31, 2026
    IGP Olatunji Disu addressing crime correspondents in Abuja, warning against the indiscriminate recording and circulation of police-related videos.

    IGP Disu warns against indiscriminate recording of police officers

    May 31, 2026
    APC demands Makinde resignation over insecurity in Oyo

    Makinde is a danger to the growth, development of Nigeria – APC

    May 31, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Trump $250 bill proposal advances as treasury weighs commemorative note
    • IGP Disu warns against indiscriminate recording of police officers
    • Makinde is a danger to the growth, development of Nigeria – APC
    • APC demands Makinde’s resignation over insecurity in Oyo
    • Tinubu deploys 1,000 forest guards, tactical rescue team
    • ‘I’m alive, ’Actress Halima Abubakar debunks death rumour
    • Catholic priest says Arsenal’s UCL loss ‘a blessing to the Church’
    • Arsenal placate UCL loss with bus parade celebrating EPL title
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Monday, June 1
    • 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

    Mock-up of a proposed $250 US bill featuring President Donald Trump to commemorate America's 250th anniversary.

    Trump $250 bill proposal advances as treasury weighs commemorative note

    IGP Olatunji Disu addressing crime correspondents in Abuja, warning against the indiscriminate recording and circulation of police-related videos.

    IGP Disu warns against indiscriminate recording of police officers

    APC demands Makinde resignation over insecurity in Oyo

    Makinde is a danger to the growth, development of Nigeria – APC

    APC demands Makinde resignation over insecurity in Oyo

    APC demands Makinde’s resignation over insecurity in Oyo

    You’re not forgotten, abandoned, Tinubu tells abducted Borno, Oyo schoolchildren

    Tinubu deploys 1,000 forest guards, tactical rescue team

    NLC says working-class Nigerians ‘bleeding’ amid hardship, insecurity

    NLC rejects proposed N100,000 minimum wage, demands N1m

    Subscribe to News

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

    Mock-up of a proposed $250 US bill featuring President Donald Trump to commemorate America's 250th anniversary.

    Trump $250 bill proposal advances as treasury weighs commemorative note

    May 31, 2026
    IGP Olatunji Disu addressing crime correspondents in Abuja, warning against the indiscriminate recording and circulation of police-related videos.

    IGP Disu warns against indiscriminate recording of police officers

    May 31, 2026
    APC demands Makinde resignation over insecurity in Oyo

    Makinde is a danger to the growth, development of Nigeria – APC

    May 31, 2026
    APC demands Makinde resignation over insecurity in Oyo

    APC demands Makinde’s resignation over insecurity in Oyo

    May 31, 2026
    You’re not forgotten, abandoned, Tinubu tells abducted Borno, Oyo schoolchildren

    Tinubu deploys 1,000 forest guards, tactical rescue team

    May 31, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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