GDN DESKTOP 1

Advertisement

Sun, 15 Nov, 2026

Read Life Mag

Today’s Game

Daily Snakes and Ladders

12 mins play

Play now

Services & Opportunities

News

Fuel scarcity: Don’t embark on strike, IPMAN appeals to members

fuel-pump
fuel
Fuel pump PHOTO: GETTY IMAGES

The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday said its members would not embark on a nationwide strike as being speculated.
[ad]
Mr Mike Osatuyi, IPMAN’s National Operations Controller, gave the assurance in an interview with the News Agency of Nigeria (NAN) in Lagos.

Osatuyi said it became necessary to debunk the insinuation that IPMAN members planned to shut down their stations.

According to him, the Nigerian National Petroleum Company Ltd. (NNPCL), is committed to selling directly to IPMAN members at the official rate of ex-depot price.

He said the backlog of IPMAN members’ tickets, which was over 2,000 presently, was being cleared.

Advertisement

Osatuyi said: “Nigerians should not engage in any panic buying as we are entering the Christmas period.

“Our wide network nationwide makes us the perfect outlets to ensure sustained distribution of petroleum products across the country.”

NAN reports that on Dec. 10, the Ogun State chapter of IPMAN threatened to shut down all its outlets across the state over an ultimatum issued to marketers by the Department of State Security (DSS).
[ad]
The DSS had directed all petrol stations nationwide to sell fuel at the regulated price and threatened to shut down defaulting stations.

NAN correspondent who also monitored the fuel situation in Lagos metropolis reports that queues are gradually easing off in some filling stations.

Advertisement

Only the major oil marketers are selling petrol at regulated prices between N169 and N170 per litre, while stations belonging to Independent marketers still sell between N220 and N260.

NAN also observed that the selling of petrol on highways, the “black market” is gradually coming to an end.

NAN also reports that massive loading of petroleum products is going on at Apapa and dockyard depots by marketers to various states.

The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Ahmed Farouk, also assured Nigerians of sufficient petroleum products during the yuletide season.

[ad]

Go Beyond The Headlines

Trusted reporting and sharp analysis on the stories shaping Nigeria and the world, in your inbox.

Subscribe to our newsletter

From the Archive - This December

1989 Dizzy Gillespie: The jazz legend who became a Yoruba chief

Trending News

Advertisement

More from News

Taboola Recommendation Widget