TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Fuel scarcity may end in days – Major marketers

The Citizen by The Citizen
December 28 2017
in Headlines, Latest News
A A
0
FG orders NNPC to end fuel scarcity before weekend
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

The latest round of fuel scarcity might end in a few days’ time if the Nigerian National Petroleum Corporation sustained the current level of supply of Premium Motor Spirit, major oil marketers and depot owners said on Wednesday.

The Major Marketers Association of Nigeria confirmed that its members, including Total Nigeria Plc, 11 Plc (formerly Mobil Oil Nigeria Plc), Oando Plc, Conoil Plc, MRS Oil Nigeria Plc and Forte Oil Plc, were receiving the product from the NNPC.

“The NNPC has been giving us product and we have been distributing it; all what we are hoping for is that they should continue at the rate they are giving us,” the Executive Director, MOMAN, Mr. Obafemi Olawore, told our correspondent on the telephone on Wednesday.

Asked if there would be an end to the current fuel scarcity any time soon, he said, “It is gradual. If they keep giving us the product like this, the scarcity should end in a few days’ time.”

On Tuesday, the Depot and Petroleum Products Marketers Association said its members did not have petrol in their tanks despite the recent announcement by the NNPC that it had started offloading products in depots across the country.

When contacted on Wednesday, the Executive Secretary, DAPPMA, Mr. Olufemi Adewole, said, “Two of our depots have received products now and they are loading. Unfortunately, one of them that was supposed to load was turned back. I don’t know why; I am still trying to investigate. But two of them have received product and they are loading.

“We are loading and we are going to keep loading. Our members have promised to do 24 hours until the queues disappear, provided they get the product.”

A top official of a Lagos-based oil marketing company, who spoke to  one of our correspondents on condition of anonymity, said a new vessel, named Captain Gregory, arrived in Apapa on Wednesday morning, laden with about 35 million metric tonnes of petrol.

“If supply can be consistent like this, things will get better and people should be able to celebrate New Year without fuel scarcity,” the source said.

Efforts to reach the Independent Petroleum Marketers Association of Nigeria were not successful.

The National Operations Controller, IPMAN, Mr. Mike Osatuyi, on Tuesday told one of our correspondents that members of the association could only get the product from the NNPC after making payments.

“We are not saying the NNPC does not have the product. But it has to get to where they can discharge it and load it to our members. You know there was no banking activity in the last four days, and our members pay before loading unlike majors that can get the product on credit. But I believe from tomorrow (Wednesday) when banks would resume, there will be more payments into the NNPC system and there will be more loading,” he had said.

Also on Wednesday, the NNPC attacked DAPPMA over a recent statement that its members had no petrol in their storage tanks despite claims by the national oil firm.

It also stated that DAPPMA members owed it the sum of N26.7bn for products received, adding that the statement credited to the association on the fuel supply situation, especially as regards petrol, was “very unfortunate.”

DAPPMA had stated on Tuesday that its members had no PMS, popularly called petrol, in their various depots and tanks despite claims by the NNPC that it had started loading products in depots across the country.

The Executive Secretary, DAPPMA, Adewole, had said, “While we cannot confirm or dispute NNPC’S claims of having sufficient product stock, we can confirm that the products are not in our tanks and as such, cannot be distributed. If the products are offshore, then surely, they cannot be considered to be available to Nigerians.”

But the Group General Manager, Group Public Affairs Division, NNPC, Ndu Ughamadu, in a statement on Wednesday, said the corporation had supplied appreciable volume of petrol to members of DAPPMA, MOMAN and IPMAN to solve the challenges being experienced in the supply and distribution of petroleum products across the country.

The oil firm said, “The NNPC regrets that DAPPMA, whose members had taken receipt of products from the Petroleum Products Marketing Company, a subsidiary of the NNPC, and owe the company to the tune of N26.7bn as of December 21, 2017, has the audacity to indict the NNPC unjustifiably.

“The statement by DAPPMA that the current hiccups in the supply of products were due to the inability of the Direct Sale Direct Purchase partners of the NNPC to deliver on their business obligations is unfounded and self-indicting as many of DAPPMA members patronise the same DSDP international counterparts as the corporation.”

The corporation stated that despite the concession by the Federal Government for DAPPMA to obtain foreign exchange at an official rate of N305 to one dollar for the PMS import, members of the association had not been able to do so, leaving the NNPC as the sole supplier of petrol to the Nigerian market.

“The NNPC assures the public that despite the increase it effected in the supply of the PMS in December 2017, it has nonetheless programmed to supply 1.2 billion litres of the white product in January 2018, translating to about 40 million litres of the PMS supply per day. Ordinarily, Nigeria consumes about 700 trucks (about 27 million to 30 million) litres per day,” the oil firm said.

It added that there was no plan to increase the pump price of petrol above N145/litre and that it would continue to maintain the ex-depot price of N133.28/litre, which would guarantee the pump price not exceeding the N145 as capped by the Federal Government.

“All stakeholders are implored to support the efforts of the government to bring a speedy end to the current fuel distribution challenges being experienced in parts of the country as this is not the time to play the blame game,” NNPC said.

This is coming as long queues of motorists persisted in Abuja and neighbouring states of Niger, Nasarawa and Kaduna on Wednesday.

Also, many petrol stations were shut on Wednesday, as fuel attendants at the outlets insisted that they had no product to dispense.

In Ekiti State, independent petroleum marketers reduced fuel price to below N200 per litre.

The development came on the second day of the sale of petrol in the Government’s House dump to the public.

Governor Ayodele Fayose had on Monday directed the sale of the fuel at the dump at the pump price of N145 per litre to members of the public to cushion the effect of the hardship of the fuel scarcity on them during Christmas.

One of our correspondents, who went round the state capital on Wednesday, observed that the sale of the government fuel was still ongoing at the Alade Filling Station, Iyin Ekiti Road.

The Phenrose Oil and Gas station in Irona was selling the product at N180 per litre to motorists, while the Nipco filling station at Adebayo Road and Akinbami filling station in Ureje sold it for N190 per litre.

This was against the price of N400 per litre it was sold for at the black market on Monday.

Also on Wednesday, the Department of Petroleum Resources in Cross River State shut down two fillings stations for selling petrol above the government approved price of N145 per litre.

This came just as independent marketers accused the DPR of failing to address why the product was sold by major depots to them at over N160 ex-depot price as against the government approved N133.28.

The state Controller of the DPR, Mr. Bassey Nkanga, who shut the filling stations during a surveillance in Calabar, said that the stations were violating the government directives.

Nkanga said that it was wrong for oil marketers to increase the pump price when the Federal Government had not done so.

An independent petroleum outlet, Uddy King, was shut for selling the product at N190 per litre, while Uko-Ma was sealed for selling at N205 per litre.

But a Calabar-based certified independent marketer, Mr. Justin Ugbe, said government had refused to address the main issue but had taken solace in shutting filling stations.

Ugbe, who is the Managing Director, Deweb Nigeria Limited, said the DPR was feigning ignorance by sealing filling stations without closing down the depots.

Similarly, the Oyo State joint task force of the Nigeria Security and Civil Defence Corps and the DPR on Wednesday sealed five petrol stations in Ibadan for hoarding fuel.

A statement by the Public Relation Officer of the NSCDC, Oyo State Command, Oluwole Olusegun, said that the patrol team also forced a filling station to sell 2,000 litres of the product to the public after being found guilty of selling above the N145 official pump price.

The statement said, “The team sealed five fuel stations for hoarding the product and selling beyond the official pump price. Some of the fuel stations that were today (Wednesday) penalised are KB Petrol in Ashi area of Ibadan, Roylab Petrol in Akobo area, Jasfad Petrol Station also in Akobo and Swort Oil in Ashi area of the city.

“The Oyo State Commandant, John Adewoye, who led another team round the metropolis, said that illegality being perpetrated by the fuel marketers will no longer be tolerated and that anyone caught in the act will face the wrath of the law.”

Share9Tweet6
Previous Post

Nigeria to record worse unemployment figures from Q4 – NBS

Next Post

BREAKING: Jonathan prays for Yusuf Buhari’s quick recovery

Related Posts

BREAKING: INEC moves 2027 presidential poll to January 2027
Headlines

BREAKING: INEC moves 2027 presidential poll to January 2027

February 26 2026
Gunmen kill Edo chief, abduct daughters
Latest News

Gunmen kill Edo chief, abduct daughters

February 25 2026
BREAKING: Tinubu decorates Disu as acting Police IG
Headlines

BREAKING: Tinubu decorates Disu as acting Police IG

February 25 2026
BREAKING: Gunmen attack Peter Obi, Odigie-Oyegun, other ADC chiefs
Headlines

BREAKING: Gunmen attack Peter Obi, Odigie-Oyegun, other ADC chiefs

February 24 2026
Police IG bars Amotekun, vigilante from Ondo poll
Headlines

Tinubu removes Police IG Egbetokun, Tunji Disu takes over

February 24 2026
50 Niger Catholic school students regain freedom
Headlines

2027: Tinubu, governors in crucial meeting with NLC leaders

February 24 2026
Next Post
Buhari’s son sustains head injury in bike accident

BREAKING: Jonathan prays for Yusuf Buhari’s quick recovery

Alleged speech impairment: Pres. Buhari cannot talk, audio message a scam – Fani-Kayode

Presidency denies flying Buhari’s son, Yusuf, to Germany for treatment

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Cross River Assembly sacks LG vice chair over misconduct

Cross River Assembly sacks LG vice chair over misconduct

by The Editor
February 24 2026
0

...

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

by The Editor
February 22 2026
0

...

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

by The Editor
January 20 2026
0

...

Ogun State cancels Awujale selection process

Ogun State cancels Awujale selection process

by The Editor
December 18 2025
0

...

APPOINTMENTS

Rivers State not for political war, says Fubara

Fubara appoints new Chief of Staff, SSG

by The Editor
February 26 2026
0

...

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

by The Editor
February 24 2026
0

...

Tinubu confers GCON on business associate, Chagoury

Tinubu confers GCON on business associate, Chagoury

by The Editor
January 20 2026
0

...

FG targets Dana Air assets to refund trapped passenger funds

FG reshuffles NCAA directors amid corruption allegations

by The Editor
December 26 2025
0

...

ODDITIES

Nigerian nurse loses licence for sleeping during shift in Australia

Nigerian nurse loses licence for sleeping during shift in Australia

by The Editor
January 24 2026
0

Woman battling cancer seeks second wife for sex-starved husband

Woman battling cancer seeks second wife for sex-starved husband

by The Editor
December 27 2025
0

Man kills cousin over ₦1,000 burial refund in Delta State

Man kills cousin over ₦1,000 burial refund in Delta State

by The Editor
December 22 2025
0

GLOBAL NEWS

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

by The Editor
February 25 2026
0

...

Russian spy agency takes over Wagner operations in Africa

Russian spy agency takes over Wagner operations in Africa

by The Editor
February 21 2026
0

...

Trump rules out contesting for vice president to stay in power after 2028

Trump hikes US global tariff rate to 15%

by The Editor
February 21 2026
0

...

Gabonese Presidency defends social media shutdown

Gabonese Presidency defends social media shutdown

by The Editor
February 21 2026
0

...

Iran vows resistance amid US nuclear talks

Iran vows resistance amid US nuclear talks

by The Editor
February 21 2026
0

...

State of the States

Lagos shuts Lekki–Epe Expressway for repairs

Lagos shuts Lekki–Epe Expressway for repairs

by The Editor
February 26 2026
0

...

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

by The Editor
February 21 2026
0

...

Ogun: Royal houses reject candidate for new Olowu

Residents protest as bandits attack Ondo community, abduct couple

by The Editor
February 21 2026
0

...

Labour leaders hail Gov. Mbah after consultative meeting as new welfare packages excite workers

Labour leaders hail Gov. Mbah after consultative meeting as new welfare packages excite workers

by The Editor
February 18 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Disu declares total war on police corruption, impunity

Disu declares total war on police corruption, impunity

February 26 2026
Lagos shuts Lekki–Epe Expressway for repairs

Lagos shuts Lekki–Epe Expressway for repairs

February 26 2026
Lagos refers Simi’s resurfaced tweets to police for probe

Lagos refers Simi’s resurfaced tweets to police for probe

February 26 2026
Senate asks Tinubu to sack CAC boss

Senate asks Tinubu to sack CAC boss

February 26 2026

EDITORIAL REVIEW

Escaping Nigeria’s looming debt trap – Punch

Escaping Nigeria’s looming debt trap – Punch

by The Editor
February 20 2026
0

Tinubu denies Christian, Muslim genocide in Nigeria

Pay local contractors – Punch

by The Editor
February 4 2026
0

Drug tests for public office aspirants, a must – Punch

Drug tests for public office aspirants, a must – Punch

by The Editor
January 9 2026
0

Economy in 2026: From risk to recovery – Punch

Economy in 2026: From risk to recovery – Punch

by The Editor
January 2 2026
0

FG launches digital platform to transition to paperless operation

LGs: Executive Order opposes federalism – Punch

by The Editor
December 30 2025
0

Opinion

SEC explains licence grant to two crypto exchanges in Nigeria

New cryptocurrency tax regime in Nigeria

by The Editor
January 20 2026
0

...

Air Peace pledges free evacuation, medicals for trafficked Nigerian girls in Ivory Coast

No, Nigerian airfares are not the cheapest

by The Editor
December 29 2025
0

...

Tax document fraud: Governance and trust deficit

Tax document fraud: Governance and trust deficit

by The Editor
December 22 2025
0

...

Peter Mbah’s visionary leadership and the rebirth of security in Enugu State

Peter Mbah’s visionary leadership and the rebirth of security in Enugu State

by The Editor
December 8 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.