Saturday, July 4, 2026

IPMAN says low fuel allocation reason for scarcity, queues

He called for the restoration of 50 per cent fuel allocation from NNPC.

• July 12, 2024
Queue at filling station
Queue at filling station used to illustrate the story

The Independent Marketers Association of Nigeria (IPMAN) has urged the Nigerian National Petroleum Corporation (NNPC) to increase fuel allocation to its members to reduce queues in filling stations.

IPMAN national vice president, Hammed Fasola, said in an interview with journalists in Ibadan on Friday that the fuel scarcity was due to low allocation.

According to him, if members of IPMAN get the product directly from NNPC, the price per litre will be affordable for Nigerians and the queues will reduce.

He says its members sell petrol at a higher price from other major marketers or depot owners because they get the product exorbitantly from third parties.

According to him, the association has presented its position on PMS allocation to NNPC, calling on it to allocate as much as 50 per cent as it used to be in the past.

“It is not that we don’t get at all, we are getting a little, and when you compare our number in this sector; our members own 80 per cent of the filling stations.

“In the past, it was not like this.

“We had a share of 50 per cent but recently, things have changed, and we are trying to talk to the authorities, especially the NNPC that they have to correct that abnormality.

“We are still trying to address the issue. This is why the independent marketers are selling at a higher price, which is not good for our image,” Mr Fasola said.

He stated that its members were being pushed to private depot owners “And we don’t find it palatable.

“We go there sometimes, and they will sell at N720 per litre, and in their own stations, they are selling N620 or N650 per litre; you can see the disparity and the public will not understand.

“This is why we are trying to educate the people that we are not shrewd businesspeople who want to milk Nigerians.

“Some filling stations have closed for business because they can’t cope – this is the situation we found ourselves in; until the government corrects it and everybody is on the same level.

“We are appealing to NNPC to correct this, so we can get our product directly as we used to do; that will be good for everybody,” he said.

On the purported increase in PMS pump price by some Nigerians, Mr Fasola said its association had not received any information to that effect.

“We should take it as fake news,” he said.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

States

Benue: Troops kill suspected terrorist in gunfight

“One terrorist was neutralised, while troops recovered one AK-47 rifle and two empty magazines from the scene,” Mr Zubairu said.

Egypt vs Australia

Sport

Egypt edge Australia on penalties to make historic World Cup round of 16 berth

Egypt will face the winners of the round of 32 match between Argentina and Cape Verde later today.

Health

Bundibugyo Ebola outbreak now largest on record as cases top 1,400: WHO

Mr Janabi described the outbreak as one of Africa’s most serious public health emergencies this year.

Bauchi State governor, Bala Mohammed

Health

Bauchi govt begins rural-based campaign against waterborne diseases

Mr Mohammed said health education officers in the state’s 20 local government areas had been directed to carry out the exercise.

Voters registering

Hot news Home top

INEC extends voter registration, launches self-service portal

INEC said the extension followed feedback received from its state offices, political parties, civil society organisations, and other stakeholders.

ROAD CRASH

States

Wheelbarrow pusher killed in Rivers road crash

The spokesperson for the state police, ASP Blessing Agabe, said the driver had been arrested.