• Home
  • Contact Us
  • About us
  • Privacy Policy
Wednesday, September 23, 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

We’ll not lift PMS for depot owners selling above N148.77 – NUPENG

by ESENVOSA IZAH
March 1, 2022
in Business & Economy
0
0
SHARES
2
VIEWS
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), says its members will not lift products for depot owners selling Petroleum Motor Spirit (PMS) above official depot price of N148.77.

NUPENG’s Secretary General, Mr Afolabi Olawale, stated this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lagos.

READ ALSO

CBN “resets” interest rate to 23%

CBN strengthens supervisory focus on terrorism financing risk

“One of the lines of action we are going to take is any depot that is not selling at the official rate, our members will not carry their products,” he said.

NAN reports that the union on Feb. 26, issued a 24-hour Ultimatum with effect from midnight, Feb. 27 to marketers to revert to the official rate of N148.77.

The union had accused the marketers of exploiting Nigerians by selling PMS from the depots at prices far above the official rate.

Olawale said: ”Depot owners are not the ones directly importing the products and are taking products from NNPC.

“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.

“We are asking all these depot owners to stop exploiting the general public and sell at official rate,” he said. (NAN)

Tags: Afolabi Olawaledepot ownersmarketersNigeria Union of Petroleum and Natural Gas WorkersNNPCNUPENGNUPENG Secretary GeneralPetroleum Motor SpiritPMSunion
Previous Post

Buhari leaves Abuja to attend special session on UNEP@50 in Kenya

Next Post

The friendly fire between the Minister and NANS

Related Posts

CBN “resets” interest rate to 23%
Business & Economy

CBN “resets” interest rate to 23%

September 22, 2026
CBN retains lending rate at 26.6%
Business & Economy

CBN strengthens supervisory focus on terrorism financing risk

September 8, 2026
Alake urges Kogi youths to prevail on elders to withdraw support for illegal miners
Business & Economy

Alake urges Kogi youths to prevail on elders to withdraw support for illegal miners

September 3, 2026
SON, DSS strengthen collaboration to tackle substandard products in Kaduna
Business & Economy

SON, DSS strengthen collaboration to tackle substandard products in Kaduna

August 17, 2026
Next Post
Dr. Aliyu U. Tilde

The friendly fire between the Minister and NANS

Leave a Reply Cancel reply

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

Recent Posts

  • CBN “resets” interest rate to 23%
  • You’re my truest friend, Tinubu celebrates First Lady at 66
  • The Fulani Are Not the Only Migrants into Nigeria
  • How and Why Sunrise, Leno Lost in Paris
  • Tinubu orders full investigation into deaths of suspected illegal miners in Niger

Recent Comments

No comments to show.

Recent Posts

  • CBN “resets” interest rate to 23%
  • You’re my truest friend, Tinubu celebrates First Lady at 66
  • The Fulani Are Not the Only Migrants into Nigeria
  • How and Why Sunrise, Leno Lost in Paris

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 !!