Why Fuel Scarcity Has Persisted – IPMAN

Nigerians have been struggling to buy fuel since late 2022. The scarcity has prompted marketers who have the products to sell at high prices. The marketers have argued that there’s a shortage of supply to them. Eko Hot Blog reports that the Independent Petroleum Marketers Association of Nigeria (IPMAN) has said that the petrol supply … Read more

BREAKING: Fuel Scarcity To Begin As IPMAN Embarks On Strike

IPMAN has started three-day warning strike   EKO HOT BLOG reports that the Federal Capital Territory (FCT), Kaduna, Nasarawa, Kogi, Niger, and other areas face an impending shortage of Premium Motor Spirit (PMS) gasoline as the Suleja Depot branch of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has begun a three-day warning strike. EDITOR’S PICK: … Read more

[JUST IN] Fuel Scarcity: IPMAN Reveals New Fuel Pump Price, Says ‘We Can No Longer Sell At N165/Litre’

IPMAN Reveals New Fuel Pump Price, Says ‘We Can No Longer Sell At N165/Litre’. Akinrinade explained that it was no longer feasible to sell petrol at the recommended price of N165 per litre. EDITOR’S PICK BREAKING: Ex- NFF Secretary-General, Toro Regains Freedom 2023: He Should’ve Gone To Afghanistan Instead – Yahaya Ndu Slams Peter Obi … Read more

Selling Petrol At ₦165/Litre Unrealistic, IPMAN Reacts As Fuel Scarcity Hits Lagos

Fuel scarcity

The IPMAN official was quick to say the fuel scarcity had nothing to do with the removal of subsidy or deregulation of the petroleum sector Akinrinade stressed that it was no longer feasible to sell the product at the recommended price of ₦165 to a litre…  EDITOR’S PICK: 2023: Things To Know As APC Presidential … Read more

No Salary Without PVC, IPMAN Tell Employees

IPMAN

No Salary Without PVC, IPMAN Tell Employees They are at liberty to vote for candidates of their choice irrespective of which party affiliations –IPMAN President EDITOR’S PICK:  Police Recover Unexploded IEDs At Owo Church Owo Church Attack “Targeted At Turning Yorubaland Into A War Zone” – Ooni Of Ife [JUST IN] Owo Massacre: Tinubu Extends … Read more

Fuel Scarcity: ‘Prepare For The Worst’, Petrol Marketers Alert Nigerians

Petrol marketers alert Nigerians

‘Prepare for the worst’, Petrol marketers alert Nigerians The resurfacing of fuel queues in Abuja is just the tip of the iceberg –IPMAN chairman EDITOR’S PICK Why I Haven’t Named Those Behind Insecurity In Imo —Uzodimma 2023 Presidency: Ohanaeze Threatens Boycott Of Polls Over Zoning Niger-Delta Youth Group Sends Strong Warning To Wike Over Dagogo … Read more

Fuel Scarcity: ‘We’ll Not Lift PMS For Depot Owners Selling Above N148.77’ – NUPENG

NUPENG

NUPENG says it will not lift PMS for depot owners selling above the official price Nobody has given official statements that PMS is no longer under subsidy regime and in that wise, the general public cannot be buying products at N250, N220, N180, from the depot EKO HOT BLOG reports that the Nigeria Union of … Read more

Labour Reveals When FG Can Remove Fuel Subsidy, Laments $9.5bn Waste On Refineries

Fuel Subsidy

…noted that the TUC was not against the removal of the fuel subsidy if it would yield positive results.  EKO HOT BLOG reports that key labour unions in Nigeria met on Tuesday in Abuja where they outlined the conditions the Federal Government must meet before it would be allowed to remove fuel subsidy. Officials of … Read more

NNPC Speaks On Increment Of Petrol Price

Diesel

NNPC has spoken about the increment of petrol price in the country.   EKOHOTBLOG reports that the Nigerian National Petroleum Corporation (NNPC) has ruled out any hike in the pump price of Premium Motor Spirit (PMS), popularly known as petrol. It, however, admitted that there are pricing issues at some petrol depots in the country. An … Read more

Petrol Price Increased To N157 Per Litre

Fuel Scarcity

Petrol price has been increased to N157 per litre.   EKOHOTBLOG reports that the price of Premium Motor Spirit (PMS), fondly known as petrol, has been increased by Private Depots from N148 per litre to N157 per litre across Nigeria. The latest development, this online news platform understands may lead to petrol shortage in the country. An … Read more

Petrol Marketers Speak On Directive To Shut Filling Stations Nationwide

NNPC, Fuel scarcity, Strike, Fuel Price, FG, PPPRA, Petrol,

Petrol marketers have spoken about the directive to shut filling stations across the country. EKO HOT BLOG reports that the National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has debunked a directive asking members to shut down their petrol stations nationwide. It was gathered that the shut-down directive which has since been … Read more

JUST IN: Another Fuel Scarcity Looms As IPMAN Threatens Strike Action

NNPC, Fuel scarcity, Strike, Fuel Price, FG, PPPRA, Petrol,

Fuel scarcity looms nationwide as IPMAN threatened to embark on strike action. The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to embark on strike action over alleged extortion by officials of the Department of Petroleum Resources (DPR), EKO HOT BLOG has gathered. The Chairman of the Suleja/Abuja Unit, Alhaji Yahaya Ahman Alhassan, made … Read more

IPMAN Lauds FG For Rehabilitation Of Port Harcourt Refinery

IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has lauded the Federal Government for its effort to rehabilitate the Port Harcourt Refinery. IPMAN’S president, Mr Chinedu Okoronkwo, told the News Agency of Nigeria (NAN) on Wednesday in Lagos that having functional refineries was in the best interest of the nation. NAN reports that the Nigerian … Read more

Don’t Scrap Equalisation Fund, IPMAN Tells FG

IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN), has appealed to the Federal Government not to yield to calls to scrap the Petroleum Equalisation Fund (PEF). IPMAN made the appeal via a statement issued on Tuesday in Abuja by its National Public Relations Officer, Alhaji Yakubu Suleiman. He said that the calls were made by … Read more

Food Blockade: IPMAN hails Governor Bello of Kogi

The Independent Petroleum Marketers Association, IPMAN has praised Governor Yahaya Bello of Kogi State for his role in brokering the impasse between the Amalgamated Union of Foodstuff and Cattle Dealers Association of Nigeria. This commendation came on the heels of the association’s visit to the Governor in Lokoja. National President of the Association, Engr Sanusi … Read more

Fuel: Stop Panic Buying, IPMAN Advises

IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised Nigerians to stop panic buying and stocking of Premium Motor Spirit, popularly known as petrol. Alhaji Suleiman Yakubu, the National Public Relations Officer of IPMAN, gave the advice in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. Read Also: EndSARS: … Read more

JUST IN: Petrol Pump Price Now ₦170 Per Litre

Petrol subsidy

NOVEMBER 13, 2020  The Independent Petroleum Marketers Association of Nigeria (IPMAN) said it has directed marketers to sell the Premium Motor Spirit (PMS) for ₦170 per litre. This instruction is coming on the heels of Thursday’s night announcement of ₦155 .17 ex-depot price to the marketers by the Pipelines and Products Marketing Company (PPMC). Read … Read more

EndSARS: No Plans To Stop Operations In Anambra —IPMAN

IPMAN

IPMAN, there are no plans to stop the distribution of petroleum products  The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said there are no plans to stop the distribution of petroleum products as a result of the ongoing EndSARS protests. Mr Chinedu Anyaso, Chairman of IPMAN, Enugu Depot Community disclosed this in an interview … Read more

Anambra Petrol Marketers To Begin Strike August 25

Petroleum

Members of Independent Petroleum Marketers of Nigeria (IPMAN) in Anambra State, have threatened to embark on indefinite strike from August 25 across the state until their demands are met. The impending strike is in solidarity with Siluch Oil and Gas Limited, an IPMAN member, being owed N13.6 million for petroleum products it supplied to Transport Company … Read more