• Home
  • Nation
  • Politics
  • Business & Economy
    • Education
  • Health
  • Culture & Entertainment
    • Arts & Life
  • World
    • World Business
  • Perspectives
  • Sport
New Citizen
  • Home
  • Nation
  • Politics
  • Business & Economy
    • Education
  • Health
  • Culture & Entertainment
    • Arts & Life
  • World
    • World Business
  • Perspectives
  • Sport
No Result
View All Result
  • Home
  • Nation
  • Politics
  • Business & Economy
    • Education
  • Health
  • Culture & Entertainment
    • Arts & Life
  • World
    • World Business
  • Perspectives
  • Sport
No Result
View All Result
New Citizen
No Result
View All Result
Home Business & Economy

IPMAN wants petroleum authorities to enforce approved price on private depot owners

NAN by NAN
June 22, 2022
in Business & Economy
A A
0
0
SHARES
3
VIEWS
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

By Zubairu Idris

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to mandate private depot owners to sell petroleum products at approved government prices.

This is contained in a statement by the IPMAN Chairman, Kano Chapter, Alhaji Bashir Danmalam, on Tuesday in Kano.

He said the call was necessary to check flagrant and indiscriminate increase of the ex-depot price.

Danmalam said unless the NMDPRA ensured private depot owners sell the product at the approved price, they would continue to dispense the product to marketers at higher price.

He also commended the Federal Government for the recent upward review of petroleum products transporters freight rate.

According to Danmalam, the gesture would assist in checking the challenges associated with the transportation of petroleum products across the country.

He also refuted claim that about N1 billion was paid to Pipelines and Product Marketing Company (PPMC).

“I challenge all those making such claims to bring out relevant receipts for the payment of such money to enable the union to take up the matter.

“In February 2021, during COVID-19 pandemic, NNPC introduced ‘customer express’ whereby payments for purchase of petroleum products are done online.

“And the NNPC then set up a committee which ensured that all those with tickets paid manually, were given the product.

“I was a member of that committee which supervised the supply of the product to those marketers who paid manually before the introduction of customer express.

“So, to my knowledge, the only products not delivered by the NNPC is on the recent payments made.

“NNPC has since stopped collecting money from marketers, except through the customer express when it’s sure of having the products in any depot across the country,” Danmalam said.(NAN)

Tags: Bashir DanmalamfuelIndependent Petroleum Marketers Association of NigeriaIPMANNigerian Midstream and Downstream Petroleum Regulatory AuthorityNMDPRANNPCPPMCpump price
Previous Post

UBEC disbursed N533.7bn to 36 states, FCT in between 2005 to 2021 – ES

Next Post

Buhari urges UK, EU countries to invest in 4,000-km Nigeria-Morocco gas pipeline

Related Posts

Tinubu defends borrowing, says infrastructure investments will benefit future generations
President Bola Ahmed Tinubu
Business & Economy

Tinubu defends borrowing, says infrastructure investments will benefit future generations

October 29, 2026
JP Morgan’s growing presence signals investor confidence in Nigeria’s economy – NRS Chairman
The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, in a tete-a-tete with the Managing Director of JP Morgan Nigeria, Adedapo Olagunju, during a courtesy visit to the NRS headquarters in Abuja on Monday 
Business & Economy

JP Morgan’s growing presence signals investor confidence in Nigeria’s economy – NRS Chairman

October 27, 2026
Gargaɗi daga CBN: Riƙe kuɗin da aka tura wa mutum bisa kuskure zai iya jawo masa ɗaurin shekara biyar zuwa 10 -Hakama Sidi-Ali
Hajiya Hakama Sidi-Ali
Business & Economy

Gargaɗi daga CBN: Riƙe kuɗin da aka tura wa mutum bisa kuskure zai iya jawo masa ɗaurin shekara biyar zuwa 10 -Hakama Sidi-Ali

October 25, 2026
Tinubu urges judiciary to close loopholes exploited by criminals
Vice President Kashim Shettima
Business & Economy

Shettima urges states to end dependence on FG for electricity

October 22, 2026
NEC endorses 90-day plan to ease cost of living
Vice President Kashim Shettima chairs the virtual meeting of the National Economic Council (NEC) in Abuja on Thursday
Business & Economy

NEC endorses 90-day plan to ease cost of living

October 22, 2026
Housing Minister calls for affordable homes, resilient cities
Stakeholders at the combined commemoration of the 2026 urban october, celebrating World Habitat Day & World Cities Day at the auditorium of the Nigerian Society of Engineering, Abuja, today, October 19th, 2026
Business & Economy

Housing Minister calls for affordable homes, resilient cities

October 19, 2026
Next Post
President Muhammadu Buhari
President Muhammadu Buhari

Buhari urges UK, EU countries to invest in 4,000-km Nigeria-Morocco gas pipeline

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • FUL honours Olu Obafemi at fourth annual colloquium, as scholars examine creative writing as instrument of social criticism
  • Insurgency: Thousands flee Nigeria violence into Niger
  • Aminu Ala: A Tribute To A Mystical Poetic Maestro
  • ANA president thanks members, partners for successful 45th International Convention
  • Court sacks David Mark-led ADC leadership, voids Atiku’s presidential primary

Recent Comments

No comments to show.

Recent Posts

  • FUL honours Olu Obafemi at fourth annual colloquium, as scholars examine creative writing as instrument of social criticism
  • Insurgency: Thousands flee Nigeria violence into Niger
  • Aminu Ala: A Tribute To A Mystical Poetic Maestro
  • ANA president thanks members, partners for successful 45th International Convention
No Result
View All Result
  • Home
  • Nation
  • Politics
  • Business & Economy
    • Education
  • Health
  • Culture & Entertainment
    • Arts & Life
  • World
    • World Business
  • Perspectives
  • Sport

© 2024 New Citizen

error: Content is protected !!