• Home
  • Contact Us
  • About us
  • Privacy Policy
Sunday, August 2, 2026
New Citizen
  • Login
  • Home
  • Nation
  • Politics
  • Business & Economy
  • Health
  • Education
  • Sport
  • Arts & Life
  • Culture & Entertainment
  • World
  • Perspectives
  • About us
  • Home
  • Nation
  • Politics
  • Business & Economy
  • Health
  • Education
  • Sport
  • Arts & Life
  • Culture & Entertainment
  • World
  • Perspectives
  • About us
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

by NAN
June 22, 2022
in Business & Economy
0
0
SHARES
2
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.

READ ALSO

The Money that Never Moved: How Nigeria’s Expenditure Controls Prevented the  PEAC/PFIPC Appropriation from Becoming Public Expenditure 

CBN reaffirms commitment to price stability, says economy remains on growth path

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

The Money that Never Moved: How Nigeria’s Expenditure Controls Prevented the  PEAC/PFIPC Appropriation from Becoming Public Expenditure 
Business & Economy

The Money that Never Moved: How Nigeria’s Expenditure Controls Prevented the  PEAC/PFIPC Appropriation from Becoming Public Expenditure 

July 25, 2026
CBN reaffirms commitment to price stability, says economy remains on growth path
Business & Economy

CBN reaffirms commitment to price stability, says economy remains on growth path

July 21, 2026
RMAFC urges efficient resource allocation to drive sustainable economic growth
Business & Economy

RMAFC urges efficient resource allocation to drive sustainable economic growth

July 20, 2026
Nigeria investigates big techs over alleged infringement against media organisations
Business & Economy

Nigeria investigates big techs over alleged infringement against media organisations

July 6, 2026
Next Post
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

  • (no title)
  • Bago reaffirms commitment to women’s inclusion in governance in Niger
  • Al-Mustapha dismisses ex-DSS officer’s account of Abacha’s death
  • The Money that Never Moved: How Nigeria’s Expenditure Controls Prevented the  PEAC/PFIPC Appropriation from Becoming Public Expenditure 
  • Pro-Tinubu group unveils data-driven strategy for 2027 campaign

Recent Comments

No comments to show.

Recent Posts

  • (no title)
  • Bago reaffirms commitment to women’s inclusion in governance in Niger
  • Al-Mustapha dismisses ex-DSS officer’s account of Abacha’s death
  • The Money that Never Moved: How Nigeria’s Expenditure Controls Prevented the  PEAC/PFIPC Appropriation from Becoming Public Expenditure 

Quick Links

  • Home
  • Contact Us
  • About us
  • Privacy Policy
No Result
View All Result
  • Home
  • Nation
  • Politics
  • Business & Economy
  • Health
  • Education
  • Sport
  • Arts & Life
  • Culture & Entertainment
  • World
  • Perspectives
  • About us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Content is protected !!