Close Menu
Chronicle NG
    Trending Stories
    MC Oluomo elected NURTW national president

    Court sacks MC Oluomo as NURTW chairman

    March 23, 2026
    Court: Anamekwe Nwabuoku, ex-Accountant General begs for time to refund looted N1.6bn

    Nwabuoku: Court sentences ex-accountant general 72 years for N868m fraud

    March 23, 2026
    Nike unveils new Super Eagles kits for 2026 season

    Nike unveils new Super Eagles kits for 2026 season

    March 23, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Court sacks MC Oluomo as NURTW chairman
    • Nwabuoku: Court sentences ex-accountant general 72 years for N868m fraud
    • Nike unveils new Super Eagles kits for 2026 season
    • No rape festival in Delta – Police
    • NYSC, SEC unveil CDS initiative to tackle Ponzi schemes
    • Prolonged Middle East war threatens global economy – TotalEnergies
    • Tinubu vows to tackle insecurity amid inflation, seeks global support
    • Israel launches fresh strikes on Iran
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Monday, March 23
    • 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

    MC Oluomo elected NURTW national president

    Court sacks MC Oluomo as NURTW chairman

    Court: Anamekwe Nwabuoku, ex-Accountant General begs for time to refund looted N1.6bn

    Nwabuoku: Court sentences ex-accountant general 72 years for N868m fraud

    Police arrest kidnappers in Delta State

    No rape festival in Delta – Police

    Scrap NYSC over insecurity, parents urge FG

    NYSC, SEC unveil CDS initiative to tackle Ponzi schemes

    Prolonged Middle East war threatens global economy - TotalEnergies

    Prolonged Middle East war threatens global economy – TotalEnergies

    Tinubu vows to tackle insecurity amid inflation, seeks global support

    Tinubu vows to tackle insecurity amid inflation, seeks global support

    Subscribe to News

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

    MC Oluomo elected NURTW national president

    Court sacks MC Oluomo as NURTW chairman

    March 23, 2026
    Court: Anamekwe Nwabuoku, ex-Accountant General begs for time to refund looted N1.6bn

    Nwabuoku: Court sentences ex-accountant general 72 years for N868m fraud

    March 23, 2026
    Nike unveils new Super Eagles kits for 2026 season

    Nike unveils new Super Eagles kits for 2026 season

    March 23, 2026
    Police arrest kidnappers in Delta State

    No rape festival in Delta – Police

    March 23, 2026
    Scrap NYSC over insecurity, parents urge FG

    NYSC, SEC unveil CDS initiative to tackle Ponzi schemes

    March 23, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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