Close Menu
Chronicle NG
    Trending Stories
    Terrorists Catholic church attacked by terrorists in Cross River

    Terrorists storm Jos community, kill many on Palm Sunday

    March 29, 2026
    The Anambra State governor, Prof. Charles Soludo, has congratulated President Bola Tinubu on the occasion of his 74th birthday on Sunday, March 29, 2026.

    Soludo lauds Tinubu on 74th birthday

    March 29, 2026
    Adesanya knocked out by Joe Pyfer

    Adesanya remains undaunted despite loss to Pyfer

    March 29, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Terrorists storm Jos community, kill many on Palm Sunday
    • Soludo lauds Tinubu on 74th birthday
    • Adesanya remains undaunted despite loss to Pyfer
    • NNPC says Nigeria is top energy investment destination
    • Adesanya knocked out by Joe Pyfer
    • Tottenham fire coach after seven games amid relegation fears
    • Atiku, Obi, Ribadu, others attend funeral prayers for El-Rufai’s mother
    • Maduro breaks silence from US jail after dramatic arrest
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Sunday, March 29
    • 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

    Terrorists Catholic church attacked by terrorists in Cross River

    Terrorists storm Jos community, kill many on Palm Sunday

    The Anambra State governor, Prof. Charles Soludo, has congratulated President Bola Tinubu on the occasion of his 74th birthday on Sunday, March 29, 2026.

    Soludo lauds Tinubu on 74th birthday

    NNPC says Nigeria is top energy investment destination

    NNPC says Nigeria is top energy investment destination

    Atiku, Obi, Ribadu, others attend funeral prayers for El-Rufai’s mother

    Atiku, Obi, Ribadu, others attend funeral prayers for El-Rufai’s mother

    Maduro breaks silence from US jail after dramatic arrest

    Maduro breaks silence from US jail after dramatic arrest

    Rabiu Musa Kwankwaso announcing defection from NNPP to ADC in Kano

    Kwankwaso dumps NNPP, cites political realignment

    Subscribe to News

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

    Terrorists Catholic church attacked by terrorists in Cross River

    Terrorists storm Jos community, kill many on Palm Sunday

    March 29, 2026
    The Anambra State governor, Prof. Charles Soludo, has congratulated President Bola Tinubu on the occasion of his 74th birthday on Sunday, March 29, 2026.

    Soludo lauds Tinubu on 74th birthday

    March 29, 2026
    Adesanya knocked out by Joe Pyfer

    Adesanya remains undaunted despite loss to Pyfer

    March 29, 2026
    NNPC says Nigeria is top energy investment destination

    NNPC says Nigeria is top energy investment destination

    March 29, 2026
    Adesanya knocked out by Joe Pyfer

    Adesanya knocked out by Joe Pyfer

    March 29, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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