Close Menu
Chronicle NG
    Trending Stories
    Court removes Turaki as PDP chair, nullifies national convention

    Turaki files appeal to quash arrest warrant

    March 26, 2026
    Ruggedman slams Afrobeats label, calls it cover for “talentless” artists

    Ruggedman slams Afrobeats label, calls it cover for “talentless” artists

    March 26, 2026
    The president of Iran, Masoud Pezeshkian, said on Saturday that his country would never surrender to Israel and the United States as the Middle East war entered its second week.

    Iran recruiting children to mount Tehran checkpoints

    March 26, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Turaki files appeal to quash arrest warrant
    • Ruggedman slams Afrobeats label, calls it cover for “talentless” artists
    • Iran recruiting children to mount Tehran checkpoints
    • Nigeria unveils plan to lift 50m out of poverty by 2030
    • EFCC returns N387m recovered funds to Jigawa State
    • NIMC glitch leaves Nigerians locked out of SIM swap, bank access
    • Army investigates killing of Borno resident by soldiers
    • NCC tackles SIM fraud with new initiative
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Thursday, March 26
    • 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

    Court removes Turaki as PDP chair, nullifies national convention

    Turaki files appeal to quash arrest warrant

    The president of Iran, Masoud Pezeshkian, said on Saturday that his country would never surrender to Israel and the United States as the Middle East war entered its second week.

    Iran recruiting children to mount Tehran checkpoints

    Nigeria unveils plan to lift 50m out of poverty by 2030

    Nigeria unveils plan to lift 50m out of poverty by 2030

    EFCC officials hand over recovered N387 million cheque to Jigawa State representative in Kano

    EFCC returns N387m recovered funds to Jigawa State

    NIMC glitch leaves Nigerians locked out of SIM swap, bank access

    NIMC glitch leaves Nigerians locked out of SIM swap, bank access

    Adamawa women killed by bandits, not soldiers – Army

    Army investigates killing of Borno resident by soldiers

    Subscribe to News

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

    Court removes Turaki as PDP chair, nullifies national convention

    Turaki files appeal to quash arrest warrant

    March 26, 2026
    Ruggedman slams Afrobeats label, calls it cover for “talentless” artists

    Ruggedman slams Afrobeats label, calls it cover for “talentless” artists

    March 26, 2026
    The president of Iran, Masoud Pezeshkian, said on Saturday that his country would never surrender to Israel and the United States as the Middle East war entered its second week.

    Iran recruiting children to mount Tehran checkpoints

    March 26, 2026
    Nigeria unveils plan to lift 50m out of poverty by 2030

    Nigeria unveils plan to lift 50m out of poverty by 2030

    March 26, 2026
    EFCC officials hand over recovered N387 million cheque to Jigawa State representative in Kano

    EFCC returns N387m recovered funds to Jigawa State

    March 26, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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