Close Menu
Chronicle NG
    Trending Stories
    Anthony Joshua and Tyson Fury have signed a two-fight deal

    Joshua signs deal to fight Fury

    April 27, 2026
    Sowore mocks Malami in court, says 'the system is dealing with you'

    Sowore mocks Malami in court, says ‘the system is dealing with you’

    April 27, 2026
    NCC moves to cut smartphone prices in Nigeria

    NCC moves to cut smartphone prices in Nigeria

    April 27, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Joshua signs deal to fight Fury
    • Sowore mocks Malami in court, says ‘the system is dealing with you’
    • NCC moves to cut smartphone prices in Nigeria
    • OAU blocks Obi lecture over short notice, security concerns
    • Testimony Jaga disagrees with Osinbajo over teachings on ‘prosperity gospel’
    • Police rescue 17 abducted school pupils in Kogi
    • APC chieftain Osifo vows to challenge Tinubu for party’s ticket
    • Nigeria launches textbook ranking system for schools
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Tuesday, April 28
    • 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

    Sowore mocks Malami in court, says 'the system is dealing with you'

    Sowore mocks Malami in court, says ‘the system is dealing with you’

    NCC moves to cut smartphone prices in Nigeria

    NCC moves to cut smartphone prices in Nigeria

    Peter Obi speaking about repeated cancellations of his lectures at Nigerian universities and concerns over academic freedom

    OAU blocks Obi lecture over short notice, security concerns

    Testimony Jaga disagrees with Osinbajo over teachings on ‘prosperity gospel’

    Testimony Jaga disagrees with Osinbajo over teachings on ‘prosperity gospel’

    Police bust spirit fraud syndicate targeting Kano residents

    Police rescue 17 abducted school pupils in Kogi

    APC chieftain Osifo vows to challenge Tinubu for party’s ticket

    APC chieftain Osifo vows to challenge Tinubu for party’s ticket

    Subscribe to News

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

    Anthony Joshua and Tyson Fury have signed a two-fight deal

    Joshua signs deal to fight Fury

    April 27, 2026
    Sowore mocks Malami in court, says 'the system is dealing with you'

    Sowore mocks Malami in court, says ‘the system is dealing with you’

    April 27, 2026
    NCC moves to cut smartphone prices in Nigeria

    NCC moves to cut smartphone prices in Nigeria

    April 27, 2026
    Peter Obi speaking about repeated cancellations of his lectures at Nigerian universities and concerns over academic freedom

    OAU blocks Obi lecture over short notice, security concerns

    April 27, 2026
    Testimony Jaga disagrees with Osinbajo over teachings on ‘prosperity gospel’

    Testimony Jaga disagrees with Osinbajo over teachings on ‘prosperity gospel’

    April 27, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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