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    Depot owners cause of fuel crisis, queues – IPMAN

    Chronicle EditorBy Chronicle EditorDecember 7, 2017No Comments2 Mins Read
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    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.

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

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

    NLC rejects proposed N100,000 minimum wage, demands N1m

    May 31, 2026
    Oyo State Governor Seyi Makinde consoles Wole Alamu after an emotional appeal for the rescue of his abducted wife and other kidnapping victims in Ogbomoso.

    Husband of abducted Ogbomoso principal leads with Makinde for rescue

    May 31, 2026
    APC rubbishes Obi, Kwankwaso alliance proposal for 2027 election

    Obi says Kwankwaso will be partner as VP, not spare tyre

    May 31, 2026
    SERAP calls on UN Secretary-General António Guterres to invoke Article 99 of the UN Charter over escalating insecurity, mass abductions, killings and displacement across Nigeria.

    SERAP urges UN Chief Guterres to invoke Article 99 over Nigeria insecurity

    May 31, 2026
    Oyo police deny reports of a bandit attack in Ogbomoso, saying panic was triggered by false rumours and misinformation.

    Police arrest three Man O’ War members for killing FUTO student

    May 31, 2026
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