Wednesday, July 22, 2026

NUPENG to blacklist depot owners for arbitrary petrol price hike

“Nobody has given official statements that PMS is no longer under subsidy regime, …the general public cannot be buying products at N250, N220, N180, from the depot.”

• March 1, 2022

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has declared its members will not lift petrol for depot owners selling petrol above the official depot price of N148.77.

“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,” NUPENG’s secretary-general Afolabi Olawale said on Tuesday.

The union had on February 26 issued a 24-hour Ultimatum to marketers to revert to the official rate of N148.77.

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

According to Mr Olawale, depot owners are not directly importing petrol but taking the fuel 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,” he stressed. “We are asking all these depot owners to stop exploiting the general public and sell at an official rate.”

(NAN) 

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