Close Menu
Chronicle NG
    Trending Stories
    PSG to play Champions League final after 1-1 draw at Bayern

    PSG to play Champions League final after 1-1 draw at Bayern

    May 6, 2026
    ADC accuses Obi of ignoring party policies

    Peter Obi afraid of free, fair primary elections – Okonkwo

    May 6, 2026
    Arteta led Arsenal to victory in the FA Cup final at the end of the 2019-2020 campaign

    Arsenal to offer Mikel Arteta new contract

    May 6, 2026
    Facebook X (Twitter) Instagram
    Trending
    • PSG to play Champions League final after 1-1 draw at Bayern
    • Peter Obi afraid of free, fair primary elections – Okonkwo
    • Arsenal to offer Mikel Arteta new contract
    • CNN founder Ted Turner dies at 87 
    • Dangote calls for shift to Africa’s domestic refining
    • Akpabio, Oshiomhole clash over new senate rules for leadership
    • Rainstorm kills two, destroys 50 houses in Kaduna
    • Momodu claims Tinubu forced Obi, Kwankwaso to work together
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Wednesday, May 6
    • 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

    ADC accuses Obi of ignoring party policies

    Peter Obi afraid of free, fair primary elections – Okonkwo

    Ted Turner, pioneer of 24-hour news and CNN creator, dies at 87

    CNN founder Ted Turner dies at 87 

    Dangote Refinery promoting local fuel production to reduce Africa’s dependence on imported petroleum products

    Dangote calls for shift to Africa’s domestic refining

    Senate : SERAP demands Akpabio publish names in N200tn NNPCL probe

    Akpabio, Oshiomhole clash over new senate rules for leadership

    A rainstorm and windstorm has displaced more than 2,000 residents and damaged no fewer than 179 houses in three communities in the Akoko Edo Local Government Area of Edo State.

    Rainstorm kills two, destroys 50 houses in Kaduna

    'Rivers not your inheritance', Dele Momodu blasts Wike

    Momodu claims Tinubu forced Obi, Kwankwaso to work together

    Subscribe to News

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

    PSG to play Champions League final after 1-1 draw at Bayern

    PSG to play Champions League final after 1-1 draw at Bayern

    May 6, 2026
    ADC accuses Obi of ignoring party policies

    Peter Obi afraid of free, fair primary elections – Okonkwo

    May 6, 2026
    Arteta led Arsenal to victory in the FA Cup final at the end of the 2019-2020 campaign

    Arsenal to offer Mikel Arteta new contract

    May 6, 2026
    Ted Turner, pioneer of 24-hour news and CNN creator, dies at 87

    CNN founder Ted Turner dies at 87 

    May 6, 2026
    Dangote Refinery promoting local fuel production to reduce Africa’s dependence on imported petroleum products

    Dangote calls for shift to Africa’s domestic refining

    May 6, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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