Fidelity bank banner NewsExpress advert
NUPENG suggests solution to petrol scarcity

By News Express on 08/03/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,916

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday urged NNPC to create same template for major and independent oil marketers to end the recurring scarcity.

Alhaji Tokunbo Korodo, South-West Chairman of the union, told the News Agency of Nigeria (NAN) in Lagos this was imperative because the marketers got products from different depots.

The chairman said while the Major Oil Marketers Association of Nigeria (MOMAN) members imported petroleum products, the Independent Petroleum Marketers Association of Nigeria (IPMAN) members got from NNPC depots.

Korodo said that Petroleum and Products Marketing Company (PPMC) under NNPC usually pumped petrol into major marketers’ depots while IPMAN members did not have such an opportunity.

He said that IPMAN members’ challenges started when NNPC shut down IPMAN depots, prompting IPMAN members to load from private depots.

Korodo stressed that private depots template was different from the approved template from NNPC ex-depot price.

“At private depots in Apapa, Lagos, the ex-depot price of a litre of petrol is between N95 and N100.

“Independent marketers from the east and northern parts don’t struggle to buy products because they know they can sell the product at any price in their states.

“This is because they have few major marketers in their states, but in Lagos the case is different.

“It is only when NNPC pumps products to their depots that independent marketers who are lucky to get can sell at the official pump price.”

The chairman said the ex-depot price of N77 now applied to major marketers and NNPC depots, adding that at the private depots the price was different.

“We are appealing to NNPC to create similar template for major and independent marketers because that is the only solution to this scarcity of petrol.

“When you look around, you will see that major marketers are not many whereas independent oil marketers cut across the country.

“If independent marketers get petrol the way major marketers get, the better for the country.

“IPMAN members move from one depot to another looking for petrol and when they get it, they add other expenses such as transportation hence the price is high.

“This is why they are selling more than the approved pump price.” (NAN)


Source News Express

Posted 08/03/2016 03:41:26 AM


Share on facebook Yahoo mail icon Gmail icon Share on Google+



REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...


You may also like...
Primate Okoh inaugurates Anglican Network Cable TV New...

Okonjo-Iweala, Elumelu champion strategic philanthropy in Nigeria

EFCC goes after ex-VP Namadi Sambo, raids office...

Abia State: Unholy alliance between PDP and INEC,...


Gunmen sack police station; kill policemen, detainee

Insecurity: Dickson raps Buhari, lambasts APC

Teachers Registration Council declares war on quacks

Recession looms as Nigeria’s GDP shrinks: Experts

NANS warns National Assembly against playing politics with...

From the horse’s mouth: How we stormed Sambisa...

Setback for World Cup preparations as Keshi, NFF...


Latest News Biafra Referendum: 40 million ballot papers ready -- IPOB 20 German firms seek investments in Nigeria Umahi, commissioner bicker over re-naming of street Farmers/herders Clash: Katsina commences demarcation of cattle routes EFCC nabs school operator for awarding fake degree certificates Fidelity Bank launches FlashKey; an innovative phone keyboards payments solution FG orders MDAs, FIRS to authenticate Tax Certificates before payment to contractors Judge’s death stalls trial in N250m libel suit Public Service Reforms: Bayelsa seeks support from whistleblowers Alleged N1.6bn Money Laundering: Jonathan’s former aide ask court dismiss trial NEMA workers protest poor condition of service, redundancy Ohafia stakeholders re-affirm support for Abia Deputy Governor


Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (351,996 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (351,192 views) Shameless Genevieve Nnaji exposes breasts in public (279,918 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (229,849 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (208,902 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (208,488 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (181,616 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (163,668 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (153,772 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (148,409 views) Lagos plane crash: Journalist releases victims’ names (143,693 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (135,540 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (50) Business & Economy (3,254) Business Verdict (44) Columnists (868) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (505) Features (607) Global Business Monitor (283) International (2,037) Interview (154) Live Commentary (28) Love Matters (123) News (36,326) Opinion (1,003) Pidgin (10) Politics (5,283) Religion (770) Sports (1,551) Stock Watch (30) AMA & Al Jazeera Global Update


CBN banner

Firstmobile banner




Portugal v Spain 2018


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera